Replies to post #5911 on Biotech Values

[DewDiligence]

>>this backgammon/probability analysis is most interesting. Very helpful would be an example or two of how this is applied to a "real" or exemplar buy/hold/sell decision<<

The most important step –and the most painstaking-- is laying out the cases to which probabilities must be assigned. Here are a couple of examples from this board:

#msg-3899886 (Macugen advisory panel)
#msg-4189519 (AGIX)

>>In my business, we use correlations and regressional analysis in the development of assessment instruments.<<

What kinds of instruments? T.i.a. Dew