Archive for February, 2008

The Calculating Guru: Time is More Valuable than You Think

Thursday, February 21st, 2008

I hate waiting for a table at restaurants. If a place has more than a 15 minute wait, I try to find another place. This limitation means I never go to the Cheesecake Factory on a busy night. Oh well, I think I can live without it. Some of my friends ...

Make Money By Assuming the Best (Rationality) but Allowing for the Worst (Irrationality)

Tuesday, February 19th, 2008

Every Tuesday is a Game Theory article at Mind Your Decisions. Some people think game theory is a joke. They say the games are unrealistic and yield poor predictions. I understand the criticism, but I completely disagree with the overall point. I profit tremendously from game theory. I gain an advantage when ...