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Podcast: Risk Management Show
Episode: Chance vs Skill: Truly Understanding Risks with Dr. Michael Orkin
Description: In this episode of Risk Management Show, we delve into the art of risk management with Dr. Michael Orkin, an esteemed statistician and author of "The Story of Chance: What's Luck Got to Do With It." Dr. Orkin, a Professor Emeritus at California State University East Bay, shares his insights on mastering risk in both personal and professional domains. We discussed the critical role of probability in decision-making, the intersection of skill and chance in gaming, and effective money management strategies. Dr. Orkin's expertise in the gaming industry and his recent work with game developers...