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Thank you for tuning into Real Estate Radio LIVE the podcast series covering the world of Anything and Everything Real Estate™ hosted by Joe Cucchiara. With current market experience and honest, insightful perspectives  - the guidance they bring to the air waves is an un-matched consumer & professional resource. Real Estate Radio LIVE has completed over 1000 expert guest interviews to cover all aspects of home, finance and beyond. With Real Estate Radio LIVE is the only LIVE Bay Area real estate radio show and is ranked in the top 5 real estate podcasts in listenership and popularity, the mission has been widely received and continues to grow.

Mar 21, 2019

The only certainty is nothing is certain. This simple quote from Pliny the Elder is extremely important in business and the introduction to Professor Sam Savages’ new book, The Flaw of Averages. If you do stupid things in the face of liability, even small probabilities can make a big difference. Even a 1 in 1 million chance the liability is so large you can’t afford to ignore it. Today Jack Russo chats with Sam Savage about how to use statistic to avoid the flaw of averages. Specific topics include:

  • What is the flaw of averages?
  • Risk management
  • Examples that explain the flaw of averages
  • Regulations & product liability insurance
  • Rational probability and probability management
  • And much, much more....



If you wish to contact Joe Cucchiara email him at, call (408)-838-9060 or simply visit We also provide additional information to help you make smart decisions in and around your real estate venture.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: Read more at