Expected Value- Millionaires Math

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I credit read­ing this post years ago as the first step to­wards mak­ing me in­stinc­tively THINK in terms of ex­pected value when con­sid­er­ing op­por­tu­ni­ties. I con­sider it to be among the best “Why” re­sources for think­ing in ex­pected value, and wish it was more known among the LW crowd.

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