Past Midway Ramblings on Business & Life

TagManaging Risk

What Game Are We Playing?

“Should I go for 3-of-a-kind or the full-house?” I thought aloud. I was home from college for Christmas break. Between semesters. Final exams behind me. Eight family members gathered around the kitchen table to play Yahtzee (the dice game) at my grandparents’ house. I sat on the end of the table, closest to the door. To me, Yahtzee was an exercise in statistical probabilities mixed with pure...

Flying Three Mistakes from Failure

As young adults, my brother and I bought my Dad a model airplane for Christmas one year. Included in our gift were lessons from an experienced instructor to help Dad learn to fly it. As it turns out, model airplanes are more difficult to maneuver than one might assume. Apparently, the instructor told my Dad a general rule of thumb for beginners is to fly at an altitude “three mistakes from...

Managing Risk

When I was an undergraduate at the University of Tulsa, I was at the computer lab writing my final paper for the semester. As was common, it was quite late in the evening and the computer lab was full of students cramming in that last assignment… just trying to get done. At one point in the evening, the football player a few seats over stood up to walk to the printer. On his way, he tripped over...

Past Midway Ramblings on Business & Life

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