confidence

2 statements across 2 episodes · 0 bullish · 0 bearish · 2 people on the record · first statement Jun 4, 2018 by Tali Sharot · across every show →

Everything said about confidence, oldest first

Jun 4, 2018
Insight
Sharot: Confidence does not equal competence in team decision-making
“The person who talks more than others that's have shown to be correlated with thinking that they probably know what they're talking about and talks more confidently. So we have to make sure that we realize confidence does not equal competence.”
Tali Sharot Jun 4, 2018 ▶ 39:37 Tali Sharot – Optimism, Decisions, and Mistakes (Capital Allocators, EP.55)
May 13, 2019
Assertion Supported
Mauboussin: Additional information increases forecaster confidence without improving accuracy
“The research shows that as you give people additional pieces of information about something, the accuracy of their forecasts don't improve at all, or their bets don't improve at all, but their confidence tends to soar.”
Michael Mauboussin May 13, 2019 ▶ 27:42 Michael Mauboussin – Who's on the Other Side (Capital Allocators, EP.99)
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