Hedging Against Uncertainty by Betting on People
Peter K. May 15, 2020 17:45:38
Hedging against uncertainty by betting is a strange call at first glance. However, the word betting can be interpreted as putting some effort or goods into something and waiting for return and profit. An investment can be interpreted as betting too. You know the market, the prices, but you can never be 100% sure that your investment is coming back to you. How can you avoid the uncertainty of betting on people and what all this has to do with corruption? A broad reading of betting and a philosophical adventure follows.
