Noise | Summary In Under 10 Minutes (Book by Daniel Kahneman)

This is a book bull summary of the book ‘Noise’ by Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein. Put yourself in the position of holding a stopwatch. After exactly ten seconds, stop the watch without looking at it. Practicing this a few times in a row will make it nearly impossible to hit ten seconds on the dot. The distance can be a bit short, or it can be a little long. In some cases, you're off by milliseconds. Sometimes you're off by a whole second, or even more. Whatever the case may be, you'll wind up with errors with no discernible pattern and no obvious cause. Noise, or random errors in judgment, is what is happening here. You are about to learn, however, that variations in judgment like these can have far more serious consequences than your errors in this simple stopwatch experiment. Welcoming you to the strange world of noise.
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DISCLAIMER: This book summary is meant as a preview and not a replacement for the original work. If you like this summary please consider purchasing the original book to get the full experience as the original author intended it to be. This video is for entertainment purposes only.

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