Part 1 of the series Make Better Decisions Through Probability & Statistics. As per the intro-post of the series, this post will focus on: "Bayesian probability made me realize that in any scenario we are more likely to be wrong in our initial hypotheses than right. We can make better decisions only by trying to disproof ourselves rather than validate our initial thinking." #decisionmaking #probabilityandstatistics #foodforthought The most common approach to probability an

#decisionmaking #probabilityandstatistics # foodforthought I am an engineer, I transitioned from mechanical engineering to financial engineering; while the former is the one I love the most, the one I am always tinkering with and the one I am going to go back eventually, the latter is the one I consider to be a turning point in my way of thinking. The reason why I think my financial studies were a decisive point is not that they gave me the tools to get most of my decisions r