(image credit: Rawbot)
Over at my buddy, Jon Bales’ site, a compelling read:
“…identify situations where others are overconfident and fragile and put yourself in a position to be the beneficiary if things don’t go their way. That was my approach here, as it is in DFS, but it’s very applicable to many facets of life.”
Full article: http://jonathanbales.com/bet-trump-win-75k/
That entry details how Jon faded popular opinion to clean up in the political betting market.
Nobody’s listening when mathematicians play around with formulas in an Ivory Tower context; But use mathematical principles to address issues that people actually care about?
That gets attention.
It’s not the winning bet that’s the story here; it’s the thought process behind that wager, the willingness to double-down on opportunities in an uncertain world.
Merry Christmas, folks.