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Judgment & ambiguity · Calibrating confidence

You're proposing a new position and the PM asks how sure you are before deciding the size. The upside case rests on one variant assumption the Street doesn't share. How do you actually express your confidence?

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I answer with a probability and the reason for it, not an adjective, because size should follow calibrated confidence, not enthusiasm.

The full answer: structure, worked example, likely follow-up.

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