| From the Editor's Desk
The biases that make us underrate underdogs Myths about prodigious sporting talents might mean that we overlook less obvious athletes. If we could only avoid our biases, we might be able to spot the next big star.
When Lamont Marcell Jacobs claimed gold in the Men's 100m on 1 August he caught many by surprise. The Italian was an outsider, an underdog in the eyes of bookmakers, pundits and fans.
Jacobs held off runners from nations with a much greater history of producing sprinters. The 26-year-old also did it in his second-choice sport. While he competed as a sprinter as a teenager, he discovered long-jump in his late teens and only switched to the 100m as an adult in 2018. He is also not a sprinter with a particular record for fast times - he recorded his first sub-10-second race only earlier this year.
His story sounds remarkable; an athlete who found their niche later in their career from a country with not much of a pedigree of sprinting success, who blew the competition away. But Jacobs's achievement shows some of the things that we regularly get wrong about sporting talent. There are reasons that we overrate favourites and underrate underdogs. If we knew how to look, could we find more like Jacobs out there?
Continued here
TradeBriefs: Newsletters for Decision-Makers!
Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.
Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. |
| S2 S1� � | | S3S4 � | | S5S6
� S7S8 � | | S9S10 � | | S11S12 � | | S13S14 � | | S15S16 � | | S17S18 � | | S19S20S21S22S23S24S25S26S27S28S29S30The 25 Most Significant Works of Postwar Architecture Three architects, three journalists and two designers gathered over Zoom to make a list of the most influential and lasting buildings that have been erected or cleverly updated since World War II. Here are the results. S31S32S33WhiteHat Jr founder departs a year after selling to Byjus TechCrunchKaran Bajaj, the founder and chief executive of WhiteHat Jr, is leaving the firm a year after selling the startup for $300 million to Indian edtech giant Byjus. In an email to employees on Wednesday, Bajaj and Byjus founder and chief executive Byju Raveendran said the departure follows a mutuall S34Philips to invest Rs 300 crore, hire 1,500 people in India, says global CEO Frans Van Houten Private-public collaboration can actually help to innovate healthcare and to make this affordable and accessible. Telehealth is a way people can get access to care and doctors through their smart phones. At the same time, by manufacturing and innovating more in India, we can work together to develop products at a cost price that is affordable for the Indian market, Philips global CEO Frans Van Houten said. S35S36S37S38S39S40S41S42S43S44S45S46S47S48S49 TradeBriefs Publications are read by over 10,00,000 Industry Executives |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
No comments:
Post a Comment