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  #11  
Old 03-08-2007, 11:13 AM
ChrisV ChrisV is offline
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Join Date: Jul 2004
Location: Adelaide, Australia
Posts: 5,104
Default Re: The final word on Vig: the truth

[ QUOTE ]
yeah I'm just going to assume all of the i-knew-it-but-didnt-say-anythings were in on it with vig until they give one decent reason why they didn't PM a mod

[/ QUOTE ]

Meh. Everyone, me included, is basically resulting. The way I remember it was that I was a little skeptical. The majority of the time though it turns out fine and I just forget my skepticism.

[ QUOTE ]
Hindsight bias, sometimes called the I-knew-it-all-along effect, is the inclination to see past events as being predictable and reasonable to expect, perhaps because they are more available than possible outcomes which did not occur. Subjects also tend to remember their own future predictions as being more accurate than they were after the fact.

[/ QUOTE ]
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