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Conversations: Special Episode with Annie Duke and Howard Marks

The Insight by Oaktree Capital

CHAPTER

Quantifying Subjective Judgments

The chapter explores the concept of quantifying subjective judgments and the challenges that come with it. It discusses the importance of putting an actual probability on predictions and accurately pricing bets. The speakers also emphasize the value of understanding the decision-making process and evaluating decision quality independent of the outcome.

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