Understand Life

In this episode, we are talking about Expected Value and how that can help you to make wise decisions. Roughly calculating out an expected value can quickly show that something is or is not worth doing. We talk about using this information to guard against your intuition, though you still need to be careful in how you calculate because even the calculated EV could be subject in your inherent biases. Enjoy the show. Show notes are located at leonardnieman.com/podcast/35. Support us at Patreon.com/UnderstandLife.