We live in a probabilistic universe, with the obvious exception of death. Even taxes are probability weighted.
There is no absolute certainty in markets or anything else in life. The outputs of all our calculations should be expressed in terms of percentages. Chance rules all. Risk is not just built into the system, it IS the system.
About the author: Eric M. Baumel, MD is a board-certified diagnostic radiologist, app developer, and digital health entrepreneur. He teaches technology to healthcare professionals at Coding4Docs. Read more on the About page.