Mustakhim

“The more they overestimated their own skill relative to luck, the less they learned from what the environment was trying to tell them, and the worse their decisions became: the participants grew increasingly less likely to switch to winning stocks, instead doubling down on losers or gravitating entirely toward bonds.”
― Maria Konnikova, The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win

“Whatever I may think about God, I believe in randomness. In the noise of the universe that chugs along caring nothing about us, our plans, our desires, our motivations, our actions. The noise that will be there regardless of what we choose or don’t choose to do. Variance. Chance. That thing we can’t control no matter how we may try. But can you really blame us for trying?”
― Maria Konnikova, The Biggest Bluff: How I Learned to Pay Attention, Take Control and Win