september 14 cool stuff
Mauboussin on Counterfactuals - great appendix on living life forward . . . and if you’re going to look at past decision processes, make sure you only look at information available at the time the decision was made.
Jim Melcher epitomized Heads I win BIG, Tails I don’t lose very much (see sections at bottom . . . Pros and Cons, Less Risk More Return)