Regression to the Mean

Praise, Punishment, & Regression to the Mean

Regression to the mean is seriously underrated. In sports, stock market funds, and biological trends like generational height differences, regression to the mean is a powerful, yet misunderstood phenomenon. A rookie athlete may have a standout first year, only to perform less spectacularly the following year. An index fund may outperform all others one year, … Continue reading Praise, Punishment, & Regression to the Mean

Cause and Chance

Cause and Chance

Recently I have written a lot about our mind's tendency toward causal thinking, and how this tendency can sometimes get our minds in trouble. We make associations and predictions based on limited information and we are often influenced by biases that we are not aware of. Sometimes, our brains need to shift out of our … Continue reading Cause and Chance