Bullbear Buffett

Keep INVESTING Simple and Safe (KISS)***** Investment Philosophy, Strategy and various Valuation Methods***** Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.

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Showing posts with label Pascal's Wager. Show all posts

Wednesday, 19 November 2025

Pascal's Wager: focus more on the CONSEQUENCES of being wrong than on the PROBABILITIES of being right

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Section 10: In the face of uncertainty, remember Pascal's Wager . Elaboration of Section 10 This section introduces a powerful philoso...

Tuesday, 31 July 2012

The Dale Carnegie Principle on worry.

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Learn to apply the Dale Carnegie Principle on worry. When we have to take decisions we worry about the consequences. Before running aw...

Saturday, 1 August 2009

Your probability of being right and your consequences of being wrong: Understanding Pascal's Wager

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Before you invest, you must ensure: that you have realistically assessed your probability of being right and how you will react to the c...

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