Special Report on
The Practicality of Pessimism
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The benefits of pessimism « Careers – in Theory
Last week I learnt a new piece of jargon. A ‘fat-tail event’ is something that you thought was virtually impossible, but it happened anyway. In theory, it could be very good or very bad, but it usually refers to something extremely unpleasant, such as a financial crisis. The phrase comes from statistics. Many randomly occurring events (such as the height of the person you sit next to on the bus) are assumed to follow what is called a Normal Distribution (the classic ‘bell-shaped curve’). So you are more likely to sit next to someone around average height and less likely to sit next to someone really short ...
Remember what Fonzie was like? Cool. That's how we're gonna be -- cool. Critical is fine, but if you're rude, we'll delete your stuff. Please do not put your URL in the comment text and please use your PERSONAL name or initials and not your business name , as the latter comes off like spam. Have fun and thanks for adding to the conversation! (Thanks to Brian Oberkirch for the inspiration) Hey Tim – Moving video and excellent points you made – yes, as I moved forward in business, I’ve developed a greater understanding of stoicism – The comparison ... Read More
SURVEY RESULTS FOR
THE PRACTICALITY OF PESSIMISM
INFORMATION RESOURCES
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Lead Generation, Business Development, Personal Development by Peter Thomson
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Future Consumers, Lifestyles and Online Communities - impact of new technology, communications, ...