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Value After Hours S04 E20: Scouts vs Soldiers, $RH, Macro Crashes, Cheap Tech and Commodities

The Acquirers Podcast

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Do You Want to Take the Box or Full Self Driving?

The book is full of stuff like that, where it's like, oh, here's kind of a cool way to get at what i'm trying to think through. What we're doing here is revealing your preference, and you're what you believe based on giving you an a or a b. So most people probably would say, like, wild. One out of 16. I look at that and i don't really like the odds of that. And so what we're looking for is that equivalent bet where you're just totally ambiguous between those two propositions,. which then reveals to you what you think the probability s actually of that thing happening.

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