Our readingWhat is a korrent?
The best prediction is always less extreme than the impression it is based on, but intuitive prediction is non-regressive and ignores regression to the mean.
Drawn from what Daniel Kahneman said
What this subject means
behavioural science Applying how people actually decide to policy, rather than assuming how they should.
Mental modelProbabilistic thinking
On the topicWhich mental models help you think better?under our view: Think in probabilities, and bet big only when the odds are yours