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Michael Lewis on Stock Market Overconfidence and Revisiting Moneyball
Motley Fool Money
The Intersection of Confidence and Expertise
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In this season of the podcast, we meet people who have great expertise and they are almost shy about it. And then there are people with great confidence despite their complete lack of expertise. Episode three goes back to Bill James, who is the reason for money ball. He says that he looks at a baseball field and what he sees is a field of ignorance. We need to respect what we don't know and don't pretend we know things wedon't know.
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