"L'effet trompé par l'aléatoire s'applique à la fois aux prévisionnistes et à ceux induits en erreur par leurs prévisions"
— Nassim Nicholas Taleb
Simplified Meaning:
Sometimes, people predict things that will happen in the future, but these predictions can be wrong just by chance. The people making the predictions and those believing in them can both be tricked by this randomness.
Related tags
Behavioral economics Cognitive bias Decision making Forecasting Misinterpretation Probability Randomness StatisticsFEATURED QUOTES