The Core

Why We Are Here => Water Cooler => Topic started by: rcjordan on November 03, 2017, 02:01:57 AM

Title: The more someone fears an outcome, the less likely they think it is to happen
Post by: rcjordan on November 03, 2017, 02:01:57 AM
That old core thread about the possibility (preposterous!!) of a housing crash keeps coming to mind.  We NAILED it, but chose to dismiss it.

QuotePeople may think their odds are better than average because they don't know what the average really is.


https://www.theatlantic.com/science/archive/2017/11/humans-are-bad-at-predicting-futures-that-dont-benefit-them/544709/
Title: Re: The more someone fears an outcome, the less likely they think it is to happen
Post by: ergophobe on November 04, 2017, 05:22:06 PM
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it!"
-- Upton Sinclair