by Michael Hentschel | Dec 16, 2022 | Newsletter
Availability of information determines how much truth we receive and perceive. Truth should not be just a matter of judgment, a factoid should be true or not true. But truth cannot be perceived until it is conveyed (available) and received...
by Michael Hentschel | Nov 4, 2022 | Newsletter
My own highly risky private venture investments in the past earned an average 28% IRR over ten years, which was considered extraordinary at the time, and only 3 of the companies accounted for most of that gain, while the other 7 became “living-dead” drags on superior...
by Michael Hentschel | Oct 27, 2022 | Newsletter
Human Intuition involves subconscious probabilities of future event, but it’s difficult to explain it in detail. It may be that we recognize rational probabilities subconsciously, and are willing to act irrationally on the hunch, where a purely...