Ask HN: Do you trust solo entrepreneurs?

Re:Ask HN: Do you trust solo entrepreneurs? by dahart on Thursday June 30, 2022 @10:06AM (#31932495)

That’s exactly the opposite of why it’s an unrelated analogy (which was stated). People live days of their lives far more often than they check baggage. Death is not a once per year risk. The risk of losing luggage per day or per hour of traveling is much higher than the risk of dying per hour/day of living.

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Re:Ask HN: Do you trust solo entrepreneurs? by thfuran on Thursday June 30, 2022 @12:04PM (#31934506)

>Death is not a once per year risk.

It absolutely is in the context of a discussion of annualized mortality rates.

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Re:Ask HN: Do you trust solo entrepreneurs? by dahart on Thursday June 30, 2022 @06:15PM (#31939368)

My point was a response to the statement that baggage checking happens more than once per year. Life also happens more than once per year, and in fact it happens more often than checking baggage, right?

It’s misleading to annualize these stats because the participation rates per hour and per day are very very different. This is why sports risk is usually calculated in participation hours and not annualized, to prevent such misleading comparisons.

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Re:Ask HN: Do you trust solo entrepreneurs? by marcosdumay on Thursday June 30, 2022 @12:09PM (#31934597)

You are comparing it with the risk of dying in an year. That is a once per year risk.

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Re:Ask HN: Do you trust solo entrepreneurs? by dahart on Thursday June 30, 2022 @06:17PM (#31939389)

It’s not a once per year risk, it’s an average. And you agree that changing the choice of time window for averaging will dramatically change the results, don’t you?

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