Dance With Chance by Spyros G. Makridakis
Making Luck Work for You
A concise guide to making better decisions under uncertainty, it explains how randomness shapes outcomes, why people misjudge risk, and where expert forecasts often fail. Drawing on research and vivid examples, it exposes cognitive traps like overconfidence and seeing patterns in noise. It offers practical, robust tactics—diversification, insurance, safety margins, scenario planning, and focusing on consequences rather than precise probabilities—to protect the downside while preserving upside in business and everyday life.
- Published
- 2009
- Nationality
- British
- Length
- Medium
- Pages
- 304
- Original Language
- English
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- Alternate Titles
- None
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