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by evrydayhustling 615 days ago
What a great example of Dunning-Kruger as applied to elites. I remember the spike of interest in DK bias during the pandemic [1], largely as a way of explaining how uneducated folks could be so confidently incorrect about vaccination strategies. In reality it can strike in any social strata -- like a bunch of professional traders wielding billions of dollars, smugly misunderstanding Kelly.

[1] https://trends.google.com/trends/explore?date=today%205-y&ge...