THINKING, FAST & SLOW (DANIEL KAHNEMAN) - Listening books
Top Audiobooks
The Importance of Unbiased Predictions
If your predictions are unbiased, you will never have the satisfying experience of correctly calling an extreme case. When a venture capitalist looks for the next big thing, the risk of missing the next Google or Facebook is far more important than making a modest investment in a startup that ultimately fails. For a rational person, predictions that are unbiased and moderate should not present a problem. If you choose to delude yourself by accepting extreme predictions, however, you will do well to remain aware of your self-indulgence.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
