2. Valid environment - Deepstash
2. Valid environment

2. Valid environment

Certain professionals can't achieve 'expertise' because the work they do is random and has low validity environment.

A gambler betting at the roulette wheel  may have thousands of repeated experiences with the same event.  And for each one, they get clear feedback in the form of whether they win or lose, but you would rightfully not consider them an expert because the environment is low validity.

Similarly vast majority of stock pickers and active investment managers, do not demonstrate expert performance because stocks are a low validity environment.

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expmaths

I like maths, learning, reading and watching interesting stuff.. Follow @expmaths on Instagram and YouTube Link: https://www.instagram.com/expmaths?igsh=MW5lcjh2Yjd0MThndw==

We often think only practice is required to be an expert but that's not enough to become a true expert and reach at top!

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