Excerpt From Summary of Annie Duke's Thinking in Bets
#1
Pete Carroll, the head coach of the Seattle Seahawks, was heavily criticized for the play call he made on second down in Super Bowl XLIX. The resulting interception proved to be a bad decision, but it didn’t matter because it didn’t result in a good outcome.
#2
We are bad at recognizing when bad luck is to blame for a poor outcome. We attribute our bad luck to the quality of the decisions that preceded it, when in reality, it was just bad luck.
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