Binary Comparisons, mistaking noise for signal and the futility of silly straight lines on graphs.
A vg blog post from Bulldozer.
Make a measurement, one measurement, of any personal metric you might fancy… right now. Next, plot your sample point on a graph where time is the independent variable on the x-axis:
Next, even though you most likely have no prior measurements to plot, reflect on the path that got you to “now“. You’re likely to concoct a smooth, logical, linear narrative like this:
However, because of our propensity to be, as Nassim Taleb says, easily “fooled by randomness“, you’re most likely to have traveled one of the ragged, noisy paths plotted on this graph:
Because of the malady of linear-think, you’re most likely to envision the future as a continued journey on the smooth, forward projection of your made-up narrative. Good luck with that.
Thanks for the reblog TP! Much appreciated.
LikeLike