4 ms·
You are right, but it is not very useful way of looking at the world. Sometimes you just need to trust people on certain things to be able to make useful decis
by twawaaay 4y ago
You are right, but it is not very useful way of looking at the world.
Sometimes you just need to trust people on certain things to be able to make useful decisions having very little or no knowledge in the subject.
One useful way of dealing with this is to look at the past performance of the person.
Assuming you have no other information about the market, if you see a person having track record of well-reasoned, accurate market predictions it is probably as good signal as it gets that you should trust their predictions.
Ideally you would want to check this with other people having knowledge in the topic (and also good track record), check that their knowledge is still applicable to circumstances (if they were able to give good predictions in peace maybe they are not suited to doing this in the time of war) and hopefully also educate yourself just a bit to be able to ask clarifying questions and spot obvious problems.
- thingification 4y agoSo who has done well on this score in your book? :-)
- xdavidliu 4y ago“well reasoned” is often easily faked, and often confused with “articulate”