2012 - Learning from Mistakes on the Way to Tomorrow - Professor Daniel Kahneman
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- Опубліковано 29 вер 2024
- The fourth Israeli Presidential Conference, Facing Tomorrow 2012.
Plenary: Learning from Mistakes on the Way to Tomorrow.
Speaker: Professor Daniel Kahneman.
Good decision can have a good outcome, and a bad decision can have a good outcome.
enroll in our course and master stock trading in 3 months... lol
وما بلغتم من العلم الا قليلا ، سبحان الله
I think what is mentioned in the first couple of minutes carries some importance. Unfortunately, there has been a generalization and an encouragement to learn by experiences and mistakes, whereas research indicates that has negligible impact on a person's intuitive theories and predictive behavior. So a good thing to mention is that under specialized and specific circumstances progress can be made. Even so, as one of his co-authors signifies experiences and feedback, improving the heuristics of a person may do more damage than good, thus the focus is on a team's decision-making processes.
I can't believe someone so smart thinks it's impossible to pick stocks. Someone should tell him about Warren Buffett. The chances of him being successful by chance are billions to 1.
not sure you're understanding Prof Kahneman's overall thesis...
@@rdurl5086 agreed
He is so sooooooo wise...Thanks for sharing these thoughts...
So it is always better to take as much as independent or at least non-correlated bets as possible , am I right !
LEGEND
Just wow
Thank you so much-from Iran
Keeping track of decisions and improving processes - isn't that working on improving 'hindsight'?