Will amount to not much

… Was the typical reaction that long (!) time ago when this aired. Which was, statistically, correct I guess. When betting on binary outcomes ( [Huge | Nothing] ) with so skewed a distribution [Intermission: What would the moment-generating function be ..? Could point at some underlying success formula!] of probabilities, the Will Amount To Nothing opinion is quite valid.
But then, when weighing in the possible pay-offs (per distribution, too ..?), the picture is somewhat less clear. But still heavy on the Dismiss side, right ..?

Safe bet:
DSCN6846
[May still loose out after tech moved on; Sevilla]

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About maverisk

Maverisk Consultancy, IS Audit and Advisory services: Wikinomics meets governance and audit; otherwise, see my personal LinkedIn profile
This entry was posted in ERM, GRC, Information Risk Management, Information Security, Innovation (technologicallly driven) and tagged , , , . Bookmark the permalink.

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