Posts Tagged ‘Probabilty’

Two Things I Want My Son To Learn Early (Part Three)

May 22, 2020

Possibility is not probability.

In other words, just because something can happen, that doesn’t mean it will. A “million to one shot” literally means something so unlikely that you could, on average, attempt it one million times, and only succeed once. Yes, that “on average” part is important, and I have indeed seen some wildly improbable things come to pass. Never the less, understanding that it’s possible you could succeed on your first try, or still be struggling after two million (or more) attempts will go a long way in helping you make good decisions . . . or at least help you keep your bad decisions in proper prospective.

Understanding this is super-important to me for . . . reasons I have already mentioned.