5min chapter

Education Bookcast cover image

117. Gut Feelings by Gerd Gigerenzer

Education Bookcast

CHAPTER

Psychology Is a Bit Too Mentalist

i like talking about anthropology and economics. i still think i have much more ignorance than anything else, but gradually i'm making progress. The stock market is an extreme example of an uncertain environment with a predictability at or near chance level. A recent study revealed the poor performance of financial experts was not a fluke. How they could be doing so badly? I propose an explanation for something that may be completely bizarre to me.

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