Is getting a finance major worth it? That was one of the topics I spoke about this week on the Adam Fayed Podcast.
Many people ask me if I prefer to hire business school types. I answer that question on this video:
My conclusions on that video lead me to the next topic. Why do “experts” get many things wrong, in countless domains?
More specifically, what is the difference between probability and statistics, risk and risk management?
Finally, why do many smart investors, including the aforementioned business school types, often underperform in investing?
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