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Dunning-Kruger effect

Wikipedia describes Dunning-Kruger effect as “a cognitive bias wherein relatively unskilled individuals suffer from illusory superiority, mistakenly assessing their ability to be much higher than is accurate. Dunning and Kruger attributed this bias to a metacognitive inability of the unskilled to recognize their own ineptitude and evaluate their own ability accurately. Their research also suggests… read more

Why don’t we believe in Uber?

Several years ago one of the Big Internet Things emerged – Web 2.0. Just to recap – the internet-prophets of those years alleged that since that moment on all the content in Internet would be being created only by amateurs. They claimed that in the future we wouldn’t have needed professional journalists, cameramen, editors and… read more

Is this a good times or bad times to invest in Russia?

On the one hand there are too much bad news coming from one of the biggest countries all over the globe. Sometimes it seems that Russia is going to raise an “iron curtain” as USSR did many years ago. Sanctions, international conflicts, incredibly high interest rates, complicated situation in economy – all these things seem… read more