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URL:  https://boards.fool.com/gtgt-as-i-recall-in-quotgame-theoryquot-28990188.aspx

Subject:  Re: IRAs & RMDs Date:  12/29/2010  5:50 PM
Author:  ziggy29 Number:  68016 of 99408

>> As I recall in "game theory" analysis when making a choice, in addition to looking at which choice is more probable, you also look at the consequences of making the wrong choice. <<

Yep. Another way to look at it is this: I don't invest in way that maximizes my expected portfolio size when I retire; I invest in a way that minimizes my chances of falling short of what I need. These are two very different goals.

#29
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