Ed Carmichael

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“There is a 73% probability Apple’s stock will finish the year 24% above where it started.” Toss in a few technical terms most people don’t understand—“stochastic” this, “regression” that—and you can use people’s justified respect for math and science to get them nodding along. This is granularity as bafflegab. It is unfortunately common.
Superforecasting: The Art and Science of Prediction
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