FYI: In the latest Jack Reacher book, The Midnight Line by Lee Child, Reacher is forced to make a decision without having all of the facts.
He’s trying to track down the owner of an Army ring and has to make an educated guess about how to find her. He lays out the best case scenario and is asked by his partner how often the best case actually happens.
Reacher responds that the best case occurs, “More than never. Less than always.”
This isn’t a bad way to think through the range of possibilities when dealing with the financial markets.
Regards,
Ted
http://awealthofcommonsense.com/2018/04/more-than-never-less-than-always/
