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Now I Get It, with Dr. Andy
Andrew Winkler
29 episodes
4 days ago

I’m Andrew Winkler, a former Stanford and Columbia math professor.


We’ll explore the most interesting insights I’ve come across, ranging across the mental landscape: math, science, personality, how we think and feel, and how we love or feel unloved. We’ll give answers to all the most confusing questions everyone has, have new books and authors, and reach new understandings.


Hosted on Acast. See acast.com/privacy for more information.

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Mathematics
Society & Culture,
Science,
Relationships
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All content for Now I Get It, with Dr. Andy is the property of Andrew Winkler and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

I’m Andrew Winkler, a former Stanford and Columbia math professor.


We’ll explore the most interesting insights I’ve come across, ranging across the mental landscape: math, science, personality, how we think and feel, and how we love or feel unloved. We’ll give answers to all the most confusing questions everyone has, have new books and authors, and reach new understandings.


Hosted on Acast. See acast.com/privacy for more information.

Show more...
Mathematics
Society & Culture,
Science,
Relationships
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Why Metrics Fail, the Heisenberg Effect, and What Betting Teaches Us About Decision-Making
Now I Get It, with Dr. Andy
6 minutes 22 seconds
4 days ago
Why Metrics Fail, the Heisenberg Effect, and What Betting Teaches Us About Decision-Making

When it comes to business, measurement is everything—or at least, that’s what we like to believe. In this episode of Now I Get It, I dive into the hidden traps of relying on metrics as tools for rewards or punishments and how doing so destroys their actual value. I also unpack how numbers get gamed, why this leaves businesses flying blind, and what the latest economic data reveals about our collective blind spots.


But the conversation doesn’t stop there. We explore the Heisenberg effect and how the very act of measurement changes the thing being measured—sometimes in subtle but important ways. And to ground this in real-world decision-making, I connect it all back to probability and betting, showing how the logic of a wager can help us sharpen our understanding of risk and make smarter, more informed choices in business and life.


In this episode, you will learn:

  • (00:22) Why using metrics as rewards or punishments destroys their value
  • (01:10) How the jobs report reveals deeper problems in measurement
  • (01:49) What the Heisenberg principle teaches us about observation and change
  • (02:47) The difference between interaction that alters a system and interaction that doesn’t
  • (04:15) How probability reflects the information we already have, not the future
  • (05:00) Why betting is the clearest metaphor for making decisions under uncertainty


Let’s connect!

linktr.ee/drprandy


Hosted on Acast. See acast.com/privacy for more information.

Now I Get It, with Dr. Andy

I’m Andrew Winkler, a former Stanford and Columbia math professor.


We’ll explore the most interesting insights I’ve come across, ranging across the mental landscape: math, science, personality, how we think and feel, and how we love or feel unloved. We’ll give answers to all the most confusing questions everyone has, have new books and authors, and reach new understandings.


Hosted on Acast. See acast.com/privacy for more information.