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184 – The Cultic Milieu

The Bayesian Conspiracy

CHAPTER

The Importance of 1%

The benefit to my life of getting 24,000 and 27,000 dollars is approximately the same. I do think that's exactly his point though that certainty is highly overvalued because 1% actually does make a 1%. You shouldn't value that last 1% any differently than you valued a 1% in the middle.

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