A very interesting conversation about forecasting the future (with the Superforecaster guy), where it tends to pick up predictive alpha, the sociological makeup of people who repeatedly make good predictions, etc.https://conversationswithtyler.com/episodes/philip-e-tetlock/ …
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That rubric: You got one buy a turn in a game with a pre-announced number of turns. The scoring rubric was cash available plus holdings value, based on a chart. Holdings within an industry were cost + 5% at one investment, + 10% at 2, etc. Railroad was most expensive thing.
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So the dominant strategy was deploy all the capital in one industry and maximize the risk-free multiplier you got for being concentrated in that industry. If you tried it for any industry other than railroads, you would have unspent money at end of game.
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Some teachers would, if they were asked for reflections, probably say "It defeats the educational purpose of homework to simply skip several weeks of it even if you have done the math and know you will get a 91.5%, which rounds to 92% and therefore an A, regardless of doing it."
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The grading system for MIT's computer architecture class (https://ocw.mit.edu/courses/electrical-engineering-and-computer-science/6-004-computation-structures-spring-2017/syllabus/ …) was THE BEST for this. Obvious cutoffs. Definitely allowed to skip the entire design project. I skipped it.
pic.twitter.com/mprtnsxkCm
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Saluti, you can read it here:
@patio11:@visakanv Please note that my definition of doing well on a test was "Anything which resulted in the highest… https://threadreaderapp.com/thread/1253256131587133440.html … Have a good day.
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