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4min chapter
Methinks it is a weasel
Think with Pinker
Introduction
We look for patterns in the kaleidoscope of experience because they may be signs of a hidden cause or agent. We often fail to appreciate that a random process can generate on random looking data. The danger of over interpreting coincidences explodes when we single them out after the fact, like the psychic who crows about a correct prediction cherry picked from a long list of blunders she hopes everyone's forgotten. Joining me to day to talk about gamblers and psychics and sharpshooters in the world of finance is charley munger, vicecher of berkshire hathaway. And tim harford, economist, presenter of radio fours more or less, and author of how
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