#20 – Jim O'Shaughnessy: AI, Education, Media, and Living Forever
Arjun Khemani Podcast
The Importance of Probability in Investment
Sir Yaw: Probabilistically, you can base some of your future decisions based on what's the base rate of success for that particular approach to investing. He says people who have a deterministic frame of mind look at an outcome from a single event and judge the efficacy of their betbased on it. Sir Yaw: We think that we've been clear often but not clear enough about our thinking.
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