Tag: insurance

Dealing With Risk


Probability doesn’t matter. You cannot be 90% alive. You have to insure as if you could be 100% dead.

Bank Offered Life Insurance Is A Bad Deal


Buying life insurance from a bank is not smarter than buying hamburgers from a car dealer.

Free Range Children and Risk


There are more risks for children than society addresses

The Lindy Effect


Things that don’t work, don’t last.

Packages Can Be Deceiving


What do investment funds, life insurance, and toilet paper have in common

Use A Better Analysis Model


Compare insurance premiums to the capital they represent.

Risk Is Easier To Bear If You Understand It


The future is not exactly like the past.

What Is The Premium For A Lottery Ticket?


I have decided that people don’t make rational decisions. (I suppose this might be one so be careful) They make emotional decisions and then use logic for support after the fact. People who try to use rational thought to persuade them must inevitably lose… Continue Reading “What Is The Premium For A Lottery Ticket?”

Cost-Benefit Analysis


Cost to treat a snakebite is 30,000 times the value of a golf ball.

People Are Misguided About Risk


Having all your eggs in one basket is not always risky.

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