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TIP602: Same as Ever w/ Morgan Housel
We Study Billionaires - The Investor’s Podcast Network
The Challenges of Predictions, Wild Numbers, and Binary Judgments
This chapter delves into the difficulties of making accurate predictions and the challenge of positioning oneself after being proven right. It explores the concept of wild numbers and the importance of thinking in probabilities rather than binary outcomes, using the example of the 2016 presidential election.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode