Each week we are both going to pick five games against the spread. We'll publish the picks each Friday on HuffPost. Here are the picks for Week One.
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In my new book, The House Advantage: Playing the Odds to Win Big in Business, I have a chapter where I discuss how the media uses "statistics" to lie....
Investing in the market is gambling and we all need to be comfortable with that. But in order to reduce the gamble we need to reduce the uncertainty of the outcome.
Loss aversion does present an interesting lens to view the decisions of established companies -- do their decisions seem more like standing on standing on soft 18 or splitting 10s?
The byproduct of the data revolution in business, as it was for us in blackjack, is the ability to take emotion out of the decision making process.
I'll admit that the Saints have looked pedestrian, needing five turnovers by the Vikings to escape with a three-point overtime win. But I stand by my words -- the Colts will not win the Super Bowl.
After reading Moneyball, I saw parallels between what the A's were doing in baseball and what we had done in the casinos -- this was my big chance to work in sports.
Much of the focus on the BCS championship will be on Colt McCoy's injury, and Mack Brown's insane decision at the end of the first half. Don't let those overshadow Mack's other incredible failings.
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