Sometimes you hear things that instantly change your views on the world.
I have to say that this above post, in about 10 seconds of reading it, has completely changed my views on assessing risk.
The idea of quantifying risk by counting the number of mistakes you are away from catastrophic failure is an excellent way to visualize risk. It's a simple way to calculate risk, and an even easier way to teach my kids. Thank you.
I have to say that this above post, in about 10 seconds of reading it, has completely changed my views on assessing risk.
The idea of quantifying risk by counting the number of mistakes you are away from catastrophic failure is an excellent way to visualize risk. It's a simple way to calculate risk, and an even easier way to teach my kids. Thank you.