Re:Why people make dumb financial decisions on purpose
by whatshisface on Saturday September 03, 2022 @01:26PM
(#32704060)
This can be captures pretty well by taking the logarithm of each outcome's dollar figure before computing the expected value, if you ever find yourself wanting to calculate how to balance a portfolio.
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Re:Why people make dumb financial decisions on purpose
by fxtentacle on Saturday September 03, 2022 @03:45PM
(#32705382)
Great idea. So you weight x10 the EV as +1 point.