Making better decisions, with the help of our friends
As someone who wants to make better decisions, I’m enjoying the book Thinking in Bets: Making smarter decisions when you don’t have all the facts. It’s written by Annie...
Category: Luck
LUCK: Collected essays by Sonnie Bailey – available on Kindle
At the heart of luck is uncertainty. Uncertainty makes life interesting. Uncertainty can involve pitfalls, but it can also create opportunities. This book explores how to manage uncertainty...
How to be lucky
We can implement strategies and organise our life to maximise the probability and impact of good luck and minimise the probability and impact of bad luck. This article...
Of time, trains, and opportunity
You can’t force opportunities. But you can be ready for when opportunity arrives. If you leave the door of your house a minute late, you’ll only be a...
Living in a golden age, under the sword of Damocles (Or: dentists, criminals, terrorism, furniture, and Kim Kardashian)
We live in a fantastic time. Consider Johan Norberg’s recent article in The Spectator – “Why can’t see see that we’re living a golden age?”: If you think...
Diversification is important – not only with investments, but life in general
Diversification is fundamental to a sound investment strategy. It’s the closest thing to a free lunch there is. This is true in other domains of life as well. ...
Risk management is luck management
Managing risk is about managing uncertainty, and its effect on the things that are important to us. Most commonly, we think about managing risk in terms of stopping...
