Inadequate Equilibria by Bayesian Investor – “Another way to summarize the book would be: don’t aim to overcompensate for overconfidence; instead, aim to eliminate the causes of overconfidence.”
Deliberate Performance In People Management by (EA forum) – Deliberate Practice and Performance. Action Learning Activites. Extrapolation, Exploration and Estimation. Examples.
The Darwin Results by Zvi Moshowitz – A betrayal among the cliquebots. Final Fate.
What Should Counterfactual Donation Mean by Jeff Kaufman – If you offer to counter-factually donate 50$ conditional on someone’s behavior what are you allowed to do with the money if they don’t live up to their end of the bargain.
Western Elite Chinese Perspective by Puzhong Yao – An incredible quote. “When I was an intern, in one of the training presentations, a senior banker told us to distinguish between the process and the results. He said that we should focus on the process, which we can control, rather than the result, which is subject to luck. And here at Goldman, he said, we don’t punish people for losing money for the right reason. I have always loved asking questions, so I asked him, was anyone ever punished for making money for the wrong reason? After giving it some thought, he said that he had not heard of any such thing.”