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#531 - Russ Roberts - An Economist’s Guide To Life’s Big Decisions
Modern Wisdom
What Are You Looking For?
Eddie Jones is England rugby's head coach. He has coached Australia, Japan, and England in between being a PE teacher. What he looks for have almost nothing to do with the ball handling skills or speed of his players. One of the key things that he looked at was how often are they looking to the coaches for what to do next? Russ Roberts: Is there a term for this vampire problem, where you need to Bayesianly update but can't predict it?
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