Numerical and statistical methods are used to make many decisions for decision makers, but numerical and statistical methods are just one of many decision making tools that form a complete decision making tool kit.

FORBES: Manage Risk Like Robert Rubin

One of my continual beefs with our western world is our overemphasis on numerical and statistical methods in analysis.

FORBES: Manage Risk Like Robert Rubin

To be clear, the problem is not with numerical and statistical methods, it is with their blind application in the absence of reason.

FORBES: Manage Risk Like Robert Rubin

While some argued that Mahadevan may have an innate ability to memorize, Ericsson and colleagues found in their experiments with Mahadevan that he learned his unusual methods for memorizing numerical patterns after a thousand hours of practice.

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