Annoyance comments on Accuracy Versus Winning - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (72)
It depends on the cost of overconfidence. Nothing ventured, nothing gained. But if the expected cost of venturing wrongly is greater than the expected return, it's better to be careful what you attempt. If the potential loss is great enough, cautiousness is a virtue. If there's little investment to lose, cautiousness is a vice.
Right.