11. 💰Gambler's Fallacy - Deepstash
11. 💰Gambler's Fallacy

11. 💰Gambler's Fallacy

We think future possibilities are affected by past events, even though they are independent.

Ex: "Ankur is tossing the coin and heads have come up 9 times. Now it will tail for sure."


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An ordinary boy who is indiscriminately passionate about many things, develops the frontend of websites, a graphics designer, a bibliophile, Loves to learn and grow, and write. | In search of infinity!

I wish we were taught about these biases in school, in addition to what school taught us. These biases prepare us for life in more ways than the curriculum does. - Ankur Warikoo

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