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Throughout the years, I have been involved in numerous seminars on the complex and ever-changing topics of probability, prediction, and variation. Each time, I discovered that it was far more crucial to explain the intricacies of the journey rather than simply providing superficial advice on how to choose wagers or investments. Why is this? Because…

“Without a grasp on random variation and probabilities, one’s intelligence will always be infected by myths and emotions.” Be it acquiring a new home or horse, leading a sports team to victory, indulging in fatty meals, gambling recklessly on football matches, investing in stocks, or enduring toxic jobs and relationships, the ability to predict outcomes…