
#596: The Mystery, Science, and Life-Changing Power of the Hot Hand
The Art of Manliness
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The 'Hot Hand' Phenomenon: Belief vs. Reality
This chapter examines the 'hot hand' phenomenon and its implications across various fields, including sports, farming, and investing. It highlights the cognitive biases that influence decision-making and the distinction between control in predictable environments and randomness in others. Through modern research and expert discussions, the chapter reveals how both belief and misinterpretation of stats can lead to significant impacts on high-stakes decisions.
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