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Your Intuition Is Deceiving You
Posted By Barry Ritholtz On January 11, 2013 @ 8:40 am In Psychology | Comments Disabled
David Brooks has a fascinating column out this morning explaining the ways our assumptions and intuition leads us astray. It is filled with interesting examples of how we often rely on crude beliefs that are not backed up by the data, and how the standard narratives are often wrong (reality has a quantitative bias).
Based on research at Duke, Penn and Princeton, the significance of these findings to public policy is overwhelming.
I suggest you go read the column  before you do anything else this morning.
Beware Stubby Glasses 
NYT, January 10, 2013
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 go read the column: http://www.nytimes.com/2013/01/11/opinion/brooks-beware-stubby-glasses.html
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