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There are domains in which expertise is not possible. Stock picking is a good example. And in long-term political strategic forecasting, it's been shown that experts are just not better than a dice-throwing monkey.

Daniel Kahneman

Daniel Kahneman Biography

  Nationality: Israeli
Type: Psychologist

Born: March 5, 1934
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Quote of the Day
“Ethanol has reduced our nation's dependence on imported energy, created thousands of jobs, reduced air pollution, and increased energy security. And renewable fuels cost less at the pump. It is a growth fuel that fuels opportunities for millions of Americans.”

 

Lane Evans
Lane Evans
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Quote of the Moment
“Eventually I did that, but it took a lot of twists and turns, and there were a year or two there where I was living with no money at all - no home, no car, no nothing. I was living in somebody's garage in Los Angeles at that point - for a year.”

 

Renny Harlin
Renny Harlin
Director