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You are here: Home / Almanack / BookWorm: Risk Savvy

BookWorm: Risk Savvy

June 15, 2018 | Leave a Comment

From health risks to financial decisions, it’s often hard to make decisions because the statistics are usually presented to us by experts who misinterpret the data themselves. This remarkably intelligent book simplifies the world of probability, risk, and uncertainty. Plus, the book contains many simple (but powerful) rules to avoid the grave consequences of risk illiteracy.

Stories lie but numbers don’t, goes the adage. However, evolution has wired the human brain in such a way that our neural machinery isn’t optimized to have an intuitive feeling for numbers. As a result, numbers mislead us. Sometimes in shocking ways.

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