Scott Phillips

speaker

1,587 appearances 2 recordings 1 series first heard Jun 2022 last heard 31 Aug

Scott Phillips’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.

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but probably not.

So understanding the basics, the fun the things that actually the four or five things that really matter.

Get those r understand what they are, not easy.

Get those right, not easy.

Ki ninety five excuse me, ninety five percent of the way there at that point.

Overcomplicating it.

There's great research, psychological research, you know this.

I think it was in the little book of behavioral investing, which is a spectacular read.

Um talks about some some research that was done with s a university.

And people were given five data points and asked to um provide a an estimate, I can't remember what the context was now.

An estimate and the confidence in the estimate.

And so they gave the estimate, they gave the confidence level.

And then they'll ask they'll give another twenty data points, asked to update their estimate, update their confidence level.

And it turns out the estimates were no more accurate with more data, but the confidence level went through the roof.

Because they felt like they had more stuff.

So therefore I should be able to have a better view of something.

It sounds like ChatGBT.

Right.

Seems

complimentary too.

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