We can’t predict (IM 846)

Take an example of 9/11, the surge of GameStop, AMC in today's market. Nobody predicted it a month ago or even a day ago. Humans overestimate what they know and underestimate what they don't.

Tragedy is that the more information we gather the more confused we become and prediction becomes less accurate. We just can't predict.

One response to “We can’t predict (IM 846)”

  1. […] We predict on everything. We have opinions about anything. We judge people and things as ‘good’ and ‘bad’. These are the reasons we are fooled because the truth is we are very bad at prediction (Most people argue on this but there is no point of arguing because this is a fact). […]

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