skills and numbers
A lot of talk lately goes around commenting that our (Greece) political leaders use gambling terms to describe both EU’s stance and their opponents. Which reminded me something that I read at the second page of “Why can’t you just give me the number?“:
|Endeavor||Gets into the game||Gives competitive advantage||Needed to win|
|Poker||Knowing the odds||Skills||Both|
|Business||Skills||Knowing the odds||Both|
→ [In Poker] knowing the probabilities just gets you into the game; in order to win, you need additional skills.
→ The reverse is often true in business – the players have the skills but do not understand the odds.
This pretty much sums it all.