Bet What You Know
Episode description
Placing bets means wagering something of value on the outcome of an uncertain event with the hopes of achieving a payoff. The decisions we make in life are akin to placing bets, and as with all bets, access to good information is what increases the chances of a bet achieving a payoff. Most people approach accessing good information by conducting research, analysis, understanding odds and placing all these into a clear strategy. But what really makes systems tick is something deeper than anything research, analysis, odds or strategy can access. This deeper “good” information that really makes systems tick aligns with what we call intuition. In this episode I discuss the importance of betting what we (truly) know.
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