I’m sure my proportions time/$ at stake are all out of whack. I spend hours reading amazon reviews for $20-200 products but we spent maybe only a couple hours deciding on a 2 year lease (much > $20k)
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Replying to @amelapay @sonyaellenmann
I sort of just like reading reviews as an anthropological/psychological exercise, but not THAT much
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Replying to @amelapay @sonyaellenmann
arguably all information is noisy, and you can only get 3 or 4 levels of certainty out of research: (def yes, def no, maybe yes, maybe no). Very rapidly declining marginal utility after ~1 hour of research, so even tho amt at risk is 10x or 200x ... more research doesn't help.
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This is a great explanation. Also, the higher value the transaction, the more noise there is due to advertising, conversion rates, and economic incentives. The ad buyer market for mortgages is a bloody mess online.
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Replying to @bitemyapp @MorlockP and
It's harder to find quality content and educational material for house buying than it is for a niche interest that only a few forums for nerds discuss online.
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Replying to @SaucercrabZero @MorlockP and
tbqh, we need ONE nerd to buy a house
@gwern1 reply 0 retweets 1 like
AKSHUALLY we need a house buying DEVICE
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