Tag: heuristic
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Don’t get fooled by randomness (or mis- or disinformation)
The mind tricks us into seeing patterns when there are none. This causes all kinds of problems. According to Nassim Taleb, people routinely mistake luck for skill, randomness for determination, and misinformation for fact. These are the factors that cause us to process information incorrectly, and distort our views of the world: All-or-nothing view We…