At first glance I thought this would be an awesome post to introduce normal people to rationality. However it quickly becomes theoretical and general, ending pretty much with “to make actual use of all this you need to invest a lot work.”
So… why isn’t there some kind of short article along the lines of “xyz is a cognitive bias which does this and that, here’s an easy way to overcome said bias, this is your investment cost, and these are your expected returns” or something? Could be as short as half a page, maybe with a few links to short posts covering other biases, and most importantly without any math. You know, something that you could link a manager or CEO to while saying “this might interest you, it allows you to increase the quality of your economic and otherwise decisions.”
Yeah, this is an overview. I am planning to write something like you propose for the planning fallacy. I’d also like to see lots of those kinds of articles out there.
At first glance I thought this would be an awesome post to introduce normal people to rationality. However it quickly becomes theoretical and general, ending pretty much with “to make actual use of all this you need to invest a lot work.”
So… why isn’t there some kind of short article along the lines of “xyz is a cognitive bias which does this and that, here’s an easy way to overcome said bias, this is your investment cost, and these are your expected returns” or something? Could be as short as half a page, maybe with a few links to short posts covering other biases, and most importantly without any math. You know, something that you could link a manager or CEO to while saying “this might interest you, it allows you to increase the quality of your economic and otherwise decisions.”
Or is there?
Yeah, this is an overview. I am planning to write something like you propose for the planning fallacy. I’d also like to see lots of those kinds of articles out there.
I just want to second that I very much want this. I did not feel that an upvote was enough support.