There is a long-standing argument in the poker world between the math guys and the instinct guys. I have always been a proponent of the math side, as every decision made in poker has an underlying ...

In my last article I advised you to familiarize yourself with some pineapple open-face Chinese (POFC) odds charts, and try your hand at a basic expected value (EV) calculation or risk/reward ...

What if I say that starting a business is unnatural? The venture is always risky, and we’re so good at avoiding risks: Some say it's just the way our brains are wired. Fear of loss may be primal and ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...

Both organizations and private individuals invest their resources in order to earn profits on their investments. Profitability can be measured using either income or the rate of return. Income is the ...