Betting typically involves knowledge of probabilities, and we often think about it in the context of activities like poker games, slot machines, or playing the lottery. Yet every decision we make ...

Betting typically involves knowledge of probabilities, and we often think about it in the context of activities like poker games, slot machines, or playing the lottery. Yet every decision we make ...

Risk isn’t merely about the odds of winning. It’s about the severity of loss when things go wrong. The low-leverage index outperformed the high-leverage index by 103% over the decade, and surpassed ...

Welcome to my new blog here on Forbes.com. Over the new few months I’m going to be talking about a couple of quite disparate but fascinating areas: book publishing and high-impact low-probability ...

Dan Gardner is the author of Risk: The Science and Politics of Fear. He is a senior fellow in the graduate school of public and international affairs at the University of Ottawa. In 2003, a novel ...