AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
23min chapter
Chance, Risk, and the Art of Uncertainty, with Sir David Spiegelhalter
Many Happy Returns
Navigating Risks Through Language and Decision-Making
This chapter delves into the crucial role of precise language in communicating probabilities, particularly highlighted by the Bay of Pigs incident. It explores the psychological factors influencing investment behavior, contrasting emotional reasoning with analytical decision-making amidst uncertainty. Additionally, the chapter emphasizes the need for adaptable forecasting mindsets, highlighting the importance of clear communication and robust risk assessment in both personal and financial contexts.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode