We build a simple, but powerful and intuitive, model for when a hockey coach should pull the goalie when trailing. When the model reports that the coaches aren’t doing it nearly early enough, we then ask why, and take away some key lessons for portfolio and risk management, and business in general.
"Crucial life lessons from the end of hockey games, Idris Elba, and some Wall Street guys with a lot of time on their hands."
Revisionist History wades into the crowded self-help marketplace, with some help with from a band of math whizzes and Hollywood screenwriters. It's late in a hockey game, and you're losing. When should you pull your goalie? And what if you used that same logic when a bad guy breaks into your house and holds your entire family hostage? We think the unthinkable, so you don’t have to.
Why one should be a bit more disagreeable and “pull the goalie”.Syndicated copies to: