9min chapter

Risk Management Show cover image

Chance vs Skill: Truly Understanding Risks with Dr. Michael Orkin

Risk Management Show

CHAPTER

Navigating Chance: Skills, Risks, and Strategy

This chapter examines the crucial relationship between probability, chance, and effective risk management in gambling and investing. Through the story of the 'Crypto King,' it highlights the importance of sound financial practices and the impact of luck in both skill-based games and financial markets.

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