So business decisions that use uncertain numbers are "fake math"? You realize th... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		yummyfajitas on Nov 8, 2011 \| parent \| context \| favorite \| on: The Tyranny of Meritocracy So business decisions that use uncertain numbers are "fake math"? You realize that with the narrow exception of a few quant traders, you've pretty much described all business decisions.

jfager on Nov 8, 2011 [–]

The fact that most business decisions are made by gut feeling implies that post-hoc pseudo-mathematical rationalization shouldn't be called out as bullshit?

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact