Quote by DAVID J. EPSTEIN - Deepstash

For example, in 2015, forecasters were asked if Greece would exit the eurozone that year. No country had ever left, so the question seemed totally unique. But there were plenty of examples of international negotiation failures, exits from international agreements, and forced currency conversions that allowed the best forecasters to ground themselves in what usually happens without focusing narrowly on all the unique details of the present situation. Starting with the details—the inside view—is dangerous. Hedgehog experts have more than enough knowledge about the minutiae of an issue in their specialty to do just what Dan Kahan suggested: cherry-pick details that fit their all-encompassing theories. Their deep knowledge works against them. Skillful forecasters depart from the problem at hand to consider completely unrelated events with structural commonalities rather than relying on intuition based on personal experience or a single area of expertise.

DAVID J. EPSTEIN

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