Practical Concerns: On Anchoring, Delight And The Frederik Andersen Contract

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One of the things I am trying to work on this summer is to be more self-critical about the way I treat and act on information. Frederik Andersen’s trade from the Anaheim Ducks to the Toronto Maple Leafs, and his subsequent signing of a five-year, $25 million contract proved to be a good opportunity in that sense.

Initially, I cringed a bit at the term and cap commitment Toronto made to Andersen. Five years is a long time and $5M per year is a big money for a guy who is not guaranteed to play all that well.

But I could be very wrong on that.

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