Richard's Blog

We interpret the what is said to us or written to us depending on how we feel. If I am worried about financial issues and someone comes up to me saying "You know they say people should save more when they are young" with no other intentions than sending a message from the news. Then this sentence could be offensive and lead to a quarrel. on the other hand if my life was just normal I would proba..

'Don't do that!! That's dangerous!' We talk to our kids like this when they are children. It's because that they are doing something that could be risky. And when it comes to risk and life, You really don't wanna bet on something that you only have one chance. This phrase is a business killer if you use it in the work place because of two major reasons One is that employees are not children and ..

People often think if they can toss a coin 8 times their chances of seeing heads is around 50% Worst case 12.5%. Best case 87.5% of seeing heads. 50% is achieved if you toss the coin about 100,000 times. This is not a good approach for business. As I have been strugglling to do business for the past 4~5 years. I've seen many plans go to ashes because of using this kind of probability approach. I..