If attention-grabbing events distort your probability assessments, the solution is:

Question

Quizplus · Accepted Answer

If attention-grabbing events are distorting your probability assessments, the best solution is to slow down your thinking and access reliable statistics. This allows you to think critically and make informed decisions, rather than being swayed by emotions or sensationalized events. Diversification and hedging may also reduce risk, but they do not necessarily address the issue of distorted probability assessments.

If Attention-Grabbing Events Distort Your Probability Assessments, the Solution Is