#48 Adam Robinson: Winning at the Great Game (Part 2)
The Knowledge Project with Shane Parrish
00:00
The Ultimate Bait and Switch
In the cold war, spatsky had the ultimate bait and switch with with spasky ya. Human beings have a limited processing ability write our brains,. We can't maintain a whole lot of information in our head at any one point. A psychologist named paul slovik gets eight horse handicappers into a room to see how good they are on predictions. Their accuracy was still only 17 % with forty races, but their confidence doubled from 31% to 19%.
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