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121: Michael Mauboussin – Tactics for Better Decision Making, and Skill Versus Luck

Chat With Traders

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The Importance of Intuition in Decision Making

Aaron Carroll: Are there any other biases which we need to be aware of when it comes to decision making? And is there ever times when some bias is useful? He says your intuitions can be very robust in realms that are stable and linear. Carroll: You have to be more guarded about relying solely or scotally on your intuition.

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