Breaking: PHOTOS RELEASED of Suspect Michael Brown ROBBING STORE Before Shooting

Discussion in 'Politics' started by Money Trust, Aug 15, 2014.

  1. nursebee

    nursebee

    One of the books I am reading is the little book of behavioral investing, how to not be your own worst enemy. In the book they discuss several biases humans have. There have been numerous studies where various groups (traders, handicappers, psychologists) are presented a little bit of data, asked to assess the situation, describe what they think is going on, AND describe their level of confidence in their prediction. Subsequently they are given more data and asked to explain the situation and their confidence level in it. THis continues until an incredibly large amount of data gets presented.

    The results were:
    Few change their mind with new data. It is as if they do not want to acknowledge they are wrong.
    Reported confidence levels increase with more data.
    Accuracy of judgement decreases with more data.

    When I hear of cases like Trayvon and the one going on right now, I recognize that I know very little about the situation and I have low confidence in any of my opinions.

    Don't believe everything you think.

    Read the book, adapt your trading, adapt your opinions of what gets reported.
     
    #81     Aug 16, 2014
  2. Exactly. Good riddance to the savage thug.
     
    #82     Aug 16, 2014
  3. Lucrum

    Lucrum

    Agreed. By "escalating" I did not mean following. As that in and of itself is not an escalation of the situation.
     
    #83     Aug 16, 2014
  4. I was agreeing with you but stating from my experience in the field that the "following" wasn't an unlawful act like some have been trying to claim.
     
    #84     Aug 16, 2014
  5. Lucrum

    Lucrum

    Understood
     
    #85     Aug 16, 2014
  6. gwb-trading

    gwb-trading

    The facts of this case are now well-established in the trial transcripts. Are you attempting to re-write history or just conveniently ignoring the facts?
     
    #86     Aug 16, 2014
  7. dbphoenix

    dbphoenix

    There are facts and there are facts. There were no reliable witnesses, only the 911 call, and the dispatcher discouraged him from following Martin. He said "okay" then went ahead and followed him anyway. If Rachel Jeantel's testimony is accepted, Martin turned around and confronted Zimmerman, who was not wearing a uniform, wanting to know why he was following him. Zimmerman then either assaulted him, or Martin assaulted Zimmerman. Nobody knows for sure. But Martin apparently wound up on top, banging Zimmerman's head against the ground until Zimmerman shot him.

    What would you do if you were walking home in a semi-darkened neighborhood and somebody who looks like Zimmerman starts following you for no apparent reason?
     
    #87     Aug 16, 2014
  8. gwb-trading

    gwb-trading

    Let's get to the bottom line. You can cast all the FUD you want. The bottom line however is Not Guilty.
     
    #88     Aug 16, 2014
  9. dbphoenix

    dbphoenix

    Not casting FUD at all. Just asking what you'd do if you were in that situation. If you don't know, you'd best think about it.
     
    #89     Aug 16, 2014
  10. JamesL

    JamesL