Hindsight Bias
topic on 2 shows · 2 statements across 2 episodes
Lenny's Podcast
Capital Allocators
2 statements about Hindsight Bias, every show
Margolis: Teams must record specific predictions before research to defeat hindsight bias
“We do this thing before the watch party where we get everybody to predict what they think they're going to learn. And this is really valuable for a bunch of different reasons. So it's a way to capture a snapshot before we do the interviews of like, what do you…”
Massey: Decision-makers must document predictions to counter hindsight bias
“You have to write things down. We trick ourselves. It is human nature to misremember what we thought once we know the outcome. We think we would have understood that. We think we predicted it right. There's just study after study that show this. And so unless …”