Radical Personal Finance cover image

826-Supply Chain Disruptions: Where Do We Go From Here? Interview with Steven Harris

Radical Personal Finance

00:00

Pandemic Predictions - Can I Handle the Cost of Both?

When you're looking at highly variable, complex systems, your forecasts necessarily include these very wide a ranges of forecasting. Your outcomes on this particular issue could be very, very wide. And so the rational thing to do as you have to say, ok, if this is an important issue with very severe effects for me, my business, et cetera. This forecast could be very widet. We could have a range from 30 to three millions of whatever the thing is that were that we're factor in in. So what i need to do is i need to take seriously both of those extreme predictions. I'm simply saying, you you analyze a subject and you say, this is the

Play episode from 01:25:40
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app