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base rates

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Oct 5, 2021 by Michael Mauboussin · across every show →

Everything said about base rates, oldest first

Oct 5, 2021 positive
Insight
Mauboussin: Base Rates Are the Single Most Important Mental Model
“If you asked me to, if I could go back to my twenty-year-old self and say, whisper in the ear and say, there's one mental model to sort of put into your life, I would say base rates.”
Michael Mauboussin Oct 5, 2021 ▶ 53:10 Michael Mauboussin Master Class — Moats, Skill, Luck, Decision Making and a Whole Lot More · Acquired
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