Understanding probabilities is crucial in trading. 🎲 Success hinges on recognizing and managing the odds effectively. 📈 Mastering this can greatly enhance decision-making and improve overall trading outcomes. #TradingSuccess #ProbabilityManagement

The Goal of Probability Management - Doing for uncertainty what Hindu/Arabic numerals did for numbers - Averages aren't worth much, but at least you can add them - Forget "probability distributions" and think "chance" #probabilitymanagement rfr.bz/t3y02a9

PRECISE Uncertainty s.bulk.ly/3HR #decisionscience, #decisionmaking, #sipmath, #samsavage, #probabilitymanagement

EdX has just published my free Stanford Online course on Probability Management at edx.org/course/introduction-…. #ProbabilityManagement, #FlawOfAverages

Another enlightening chat with @hubbardaie today about supporting decisions under high uncertainty. "If you know almost nothing then almost anything will tell you something about it" #probability #probabilitymanagement #decisionanalysis @hortibonn

Coronavirus Meets the Flaw of Averages. It's NOT Pretty. See my blog at probabilitymanagement.org/bl… #CoronavirusOutbreak #FlawOfAverages #ProbabilityManagement

Coronavirus Meets the Flaw of Averages. It's NOT Pretty. See my latest blog at shorturl.at/dqtW7 #coronavirus #FlawOfAverages #ProbabilityManagement

Check out our new article: The Flaw of Averages: Why Ignoring Uncertainties Causes Projects to be Behind Schedule, Beyond Budget and Below Projection #riskawarenessweek2019 lttr.ai/HpJO #Riskmanagement #Riskacademy #Alexsidorenko #SamSavage #ProbabilityManagement

Slides, Excel models and {rjags} code are all in this repo: github.com/dmi3kno/PMMC_Baye… #rstats #probabilitymanagement #decisionanalysis #BayesAtLund

I will be talking about bespoke modeling of decisions under uncertainty in... Excel (!) at Bayes@Lund this year. "Excel is ubiquitous and can be used to build decision maker's intuition about uncertainties" #probabilitymanagement #uncertainty #decisions indico.esss.lu.se/event/1191…

See SIPmath in action at my free Stanford webinar Sept 17 as I introduce my online graduate course on Project Risk Analysis through the Stanford Center for Professional Development (SCPD @StanfordCPD). goo.gl/rr2AaD #ProbabilityManagement #SIPmath #riskmanagement #Risk

Flaw of Averages author Dr Sam Savage and ProbabilityManagement.org session at #MSDataSummit youtube.com/watch?v=RLvkrLN3… #ProbabilityManagement

Currently attending the #probabilitymanagement conference in San Diego. Will talk on the 'New Developments' panel. Come say hi!