Pattern Recognition: A Dangerous Investment

J-Hogue: Pattern recognition is really important, but it can actually be a massive danger as well. He was talking about his investment in Peloton and that basically at the time, the sort of like infomercials were trashy. And every venture investor with Peloton basically disregarded it, because they just had that pattern recognition. But there's going to be something slightly weird that makes you think this could be different. This will be the different one. That's very important to distinguish bias from other types of thinking.