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That doesn't even make sense...
Yes, sometimes it's best not to make an investment, obviously, trivially. But surely it makes no sense to include that decision in the category of 'your investments', good or bad.
You can fuss about how to count things, but a basic understanding of math/economics makes us conclude quite clearly that inaction can have the same sort of benefits as action, though we know people tend to overlook it. No one remembers the huge mistake someone steered away from--bad wars never started, investments not made, precedents not set (no matter how tempting all of these may be at the time)--the way they remember active decisions. We're usually operating with just half the story.
Downvoted. Punching teachers in the eye because you don't think they know enough is generally counterproductive. This mostly tells us that in second grade Donald Trump had an overdeveloped sense of entitlement and underdeveloped sense of control. How could this possibly be a "rationality quote"?
It's not good nor optimal behavior, but it was coming from a 7 year old, so that's to be expected. The assessment and decisive action were a model, to be sure.
Perhaps you'd prefer it if he bit a math teacher instead?
In response to
Irrationality Quotes August 2016
Background:
Despite being dentist-recommended since the early twentieth century, researchers have yet to conduct sufficient, reliable studies to support the claim that flossing effectively prevents cavities and gum disease.
Since doctors began saying that a string-based tooth scraping was good for oral health, a handful of studies have been conducted. However, they all fall far short of what’s needed to make a convincing argument. A 2011 review of a dozen randomized controlled studies concluded that, “Overall there is weak, very unreliable evidence which suggests that flossing plus toothbrushing may be associated with a small reduction in plaque at 1 or 3 months.”
Quote:
Still, many dentists will continue to recommend flossing for removing debris between your chompers. "It's low risk, low cost," National Institutes of Health dentist Tim Iafolla told CNBC. "We know there's a possibility that it works, so we feel comfortable telling people to go ahead and do it."
For what it's worth, the situation isn't really that we've established that it isn't clear flossing helps, it's that we haven't established with the kind of evidence HHS requires that flossing helps. Those sorts of studies are hard to do reliably with things like flossing.
In response to
Rationality Quotes August 2016
There are people — I categorize them as life’s losers — who get their sense of accomplishment and achievement from trying to stop others. As far as I’m concerned, if they had any real ability...they’d be doing something constructive themselves
-Donald Trump
In response to
Rationality Quotes August 2016
Sometimes your best investments are the ones you don't make.
-Donald Trump
In response to
Rationality Quotes August 2016
In the second grade I actually gave a teacher a black eye — I punched my music teacher because I didn’t think he knew anything about music and I almost got expelled.
-Donald Trump
In response to
Rationality Quotes August 2016
If you're interested in 'balancing' work and pleasure, stop trying to balance them. Instead make your work more pleasurable.
-Donald Trump
In response to
Rationality Quotes August 2016
I’ve always thought about the issue of nuclear war; it’s a very important element in my thought process. It’s the ultimate, the ultimate catastrophe, the biggest problem this world has, and nobody’s focusing on the nuts and bolts of it. It’s a little like sickness. People don’t believe they’re going to get sick until they do. Nobody wants to talk about it. I believe the greatest of all stupidities is people’s believing it will never happen, because everybody knows how destructive it will be, so nobody uses weapons. What bullshit.
-Donald Trump
In response to
Rationality Quotes Thread September 2015
"Fortune favors the prepared mind." -Louis Pasteur
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Do you think the evidence we do have, which doesn't rise to the level required by the HHS, is in fact strong enough and that we should rely on it?
The quote doesn't sound encouraging:
Quite possibly.
The epidemiological studies, as I understand it, make the association between claims of flossing and improved tooth health unambiguously exist (though not huge). HHS didn't analyse them and find them too week, exactly; they simply want controlled studies for this purpose (for good reason, of course). Nonetheless, everything we know makes it sound like flossing is at least a little effective.
Whether the effect justifies spending minutes every week, who knows.