~ WAAIP ~ We Are Awash In Predictions
~ TEWWMATOTTBMLCTTWR ~ The Experts Who Were More Accurate Than Others Tended To Be Much Less Confident That They Were Right
~ B-EWATTPFAR ~ But – Experts Who Agree That Their Predictions Failed Are Rare
~ ‘IWAR’ ~ “I Was Almost Right”
~ NMHCWA-NMHSOT-TBWUTMPIFATWIFU ~ No Matter How Clever We Are – No Matter How Sophisticated Our Thinking – The Brain We Use To Make Predictions Is Flawed And The World Is Fundamentally Unpredictable
~ MOWWWLTPWFBU ~ Much Of What We Would Like To Predict Will Forever Be Unpredictable
~ MBF ~ Monkey Bite Factor
~ WLITIA-BOBASA ~ We Live In The Information Age – But Our Brains Are Stone Age
~ WRLB ~ We Really Like Babies
~ WHAHTWR ~ We Have A Hard Time With Randomness
~ GF ~ Gambler’s Fallacy
~ PAPDTSRATEFAOWTOAAI ~ People Are Particularly Disinclined To See Randomness As The Explanation For An Outcome When Their Own Actions Are Involved
~ IOC ~ Illusion Of Control
~ CB ~ Confirmation Bias
~ AC-AR ~ Always Confident – Always Right
~ GT-IVMADTCSE ~ Group Think – Is Very Much A Disease That Can Strike Experts
~ CC ~ Confidence Convinces
~ GT ~ Group Think
~ IIA&I ~ It Is Automatic And Instantaneous
~ AIIIP-CI ~ Accuracy Isn’t Imperative In Politics – Certainty Is
~ Big Calls That Go Bad Should Damage The Reputations Of Those Who Make Them – They Seldom Do
~ BS ~ Breezy Speculation
~ U-U-A-U ~ Unpredictable – Unknowable – And – Uncontrollable
~ ALHIIO ~ A Little Humility Is In Order