Decision-making under risk and uncertainty
We know we can’t predict the future (read: unknowns), but we can account for the likelihood of some scenarios.
Quarterly update | 1Q 2018 | EP04
This episode features insights from the past quarter (1Q18) by Greg Peterson, portfolio manager of Mawer’s Balanced and Global Balanced strategies.
While getting set-up with a gym membership recently, the salesperson asked a question that made me pause:
“Here,” I said, pointing to nowhere in particular. “Eleven o’clock.” I looked into the big, brown eyes of my driver and searched for some sign he understood my request. Nothing. He stared back blankly and then…smiled? This completely confused me.
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