The idea of the model is to showcase, how different strategies work in different situations. How two loosing strategies in isolation can become winning strategy in combination. Nothing more. Not all the loosing games can become winning in combination. Not at all. It depends on the situation and the possibility. I am in complete agreement with you except for the last statement. What I have shared is a tiny sample in the number/biological universe. It’s an idea shared with small sample set.
In above example, I have chosen set of three numbers. In Game1, 101 & -201. In Game 2, -51. Just giving the different number, it create different outcomes. As you stated in real life business, each business is different so the numbers differ. Numbers differ, outcome differ, but the idea remains the same.
Now, not only numbers but we can replace the same with words:
101 as Potential Profit
-201 as Potential Loss
-51 as Stop Loss
Infinite applications with common thought.
As per Wikipedia mental model, It’s an explanation of someone’s thought process about how something works in the real world.
This thread is an effort to bring out the ideas through numbers.
| Subscribe To Our Free Newsletter |
