This is Mark Shupe, speaking on the 49th episode of The Moneyball Method Podcast. Today I want to talk about “Simulating All Potential Outcomes” — I’ve discovered people refuse to do this for most fields, but especially in the fields of health and finance. I refer to previous podcasts about Intellectual Shrinkage and Physical Health to ask — what is the evidence for the fact that people prefer conforming to social pressure rather than simulating all outcomes? And on this podcast — we find the answer.
For further information, please read my book The Moneyball Method: A Middle-Class Manifesto for Objective Investing, now out on Kindle.
