The Stacking Benjamins Show

How to Make Better Decisions Using Math (with Ted Dintersmith) SB1715

14 snips
Jul 30, 2025
Ted Dintersmith, an economist and education reformer known for his advocacy in math education and the documentary 'Most Likely to Succeed,' brings a fresh perspective on how math can transform decision-making. He argues that being roughly right is more useful than being precisely wrong, encouraging practical approaches to consumer math in everyday life. Dintersmith shares an eye-opening story about how a challenging exam impacted a young student’s confidence, emphasizing the need for math education that fosters curiosity and real-world applications.
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ANECDOTE

Son's Science Test Failure

  • Ted Dintersmith recounts his son's disheartening experience failing a science test on simple machines.
  • The test rewarded rote memorization over creative problem-solving and design thinking.
ADVICE

Master Prediction Skills

  • Learn prediction by analyzing and projecting data to make smarter financial and life decisions.
  • Use tools like AI to simulate scenarios and optimize spending, debt repayment, and investments.
ADVICE

Use Probability Wisely

  • Understand and apply probability realistically to avoid overestimating sensational risks.
  • Use scenario analysis with probabilities to prepare better decisions in work and life.
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