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Who Is On the Other Side?

The Curious Investor

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Why Do Our Minds Work That Way?

Annie says that when there's a lot of noise in the world, hc can come mainly from luck, but also from hidden information. Annie: The quality of an outcome is actually very poorly correlated to the quality of the decision that might precede it. So why do our minds work that way? Anything so scepticism and down playing of luck goes way back. Our ancestors probably didn't like noise they couldn't explain stical or otherwise.

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