![]() please empty your brain below |
Excellent post. |
Ooh, a little bit of politics there... |
I'm sure the underwriters I know would love to hear you call them gamblers. Somehow, calling it something noble like 'underwriting' makes it seem okay... |
Look it's not gambling it's risk management, the scientific application of statistical theory. I mean what could possibly be speculative about calculating the possibility of J-Lo permanently losing her butt or not winning on the lottery? It's not called actuarial science for nothing you know ![]() |
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