Archive — Money

Note — 2019-11-19

I was in a meeting once where someone pitched a really unrealistic idea. I don’t remember the details exactly. But let’s assume this idea depended on pigs being able to fly.

“But how will the pigs fly?”, we asked.

“Oh, we’ll have an algorithm.”

“OK… But, we don’t understand how the algorithm make the pigs fly?”

“I just said, the algorithm will sort that out.”

“But you haven’t explained how?”

“With the algorithm.”

“Algorithms can’t make pigs fly.”

“Algorithm!”

Don’t devolve your thinking to an algorithm.

1 comment

Lottery math is human math

Lottery math is human math

It’s irrational to buy a lottery ticket. And yet, millions do, even more when the prize is huge.

As economists will point out, people don’t buy a lottery ticket for an x% chance of winning millions. They buy a lottery ticket for to dream of winning millions.

Comment