Do you question the conventional methods?
Moneyball : The Art of Winning an Unfair Game by Michael Lewis. Summary
In this book, Michael Lewis documents how many of the conventional ways of scouting for baseball players
are inferior to using computers and statistics.
The book, How We Know What Isn't So lists many examples of how humans let their misapplication of
heuristics get in the way of more appropriate thinking.
How We Know What Isn't So by Gilovich, Thomas
Many people have concluded that infertile couples who adopt a child are subsequently more likely to
conceive than similar couples who don't adopt. Apparently they are wrong when you look at the actual
statistics. This is part of a pattern of errors made by human thinking.
People who decide who is to be admitted to various colleges or training programs insist on using personal
interviews in spite of the fact that it is shown that such interviews do not improve the choices made. It
makes you think that the human ego gets in the way of making proper decisions. Perhaps superior robot
intelligence is already here in certain areas where robots can decide based on objective facts rather than
biased human factors.
Nurses who work on maternity wards believe that more babies are born when the moon is full. The actual
statistics don't back up their beliefs.
More people believe in ESP than in evolution in the US. There are 20 times as many astrologers as
astronomers.
Many of these false beliefs are the result of misapplication or overutilization of generally valid means of
thinking.
Next
Investabot
Moneyball : The Art of Winning an Unfair Game by Michael Lewis. Summary
In this book, Michael Lewis documents how many of the conventional ways of scouting for baseball players
are inferior to using computers and statistics.
The book, How We Know What Isn't So lists many examples of how humans let their misapplication of
heuristics get in the way of more appropriate thinking.
How We Know What Isn't So by Gilovich, Thomas
Many people have concluded that infertile couples who adopt a child are subsequently more likely to
conceive than similar couples who don't adopt. Apparently they are wrong when you look at the actual
statistics. This is part of a pattern of errors made by human thinking.
People who decide who is to be admitted to various colleges or training programs insist on using personal
interviews in spite of the fact that it is shown that such interviews do not improve the choices made. It
makes you think that the human ego gets in the way of making proper decisions. Perhaps superior robot
intelligence is already here in certain areas where robots can decide based on objective facts rather than
biased human factors.
Nurses who work on maternity wards believe that more babies are born when the moon is full. The actual
statistics don't back up their beliefs.
More people believe in ESP than in evolution in the US. There are 20 times as many astrologers as
astronomers.
Many of these false beliefs are the result of misapplication or overutilization of generally valid means of
thinking.
Next
Investabot
 | |  | |  | |  |