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On the Persistence of Bad Luck (and Good)

On the Persistence of Bad Luck (and Good) | Coaching Leaders | Scoop.it

We’ve all had the experience—over and over all the time. You go down to the street to wait for the bus (the train, the subway, the boat); you know that buses come roughly every 10 minutes, so you expect to wait about 5 minutes (arriving, on average, in the middle of the between-buses interval). But in fact, we all know that almost always you have to wait longer than that! Is this an illusion we’ve developed over the centuries because we believe in the “persistence of bad luck,” or is it, perhaps, something real?

 

It is, in fact, a real phenomenon, and this result can even be proved mathematically. Because you arrived after the last bus has left, your overall waiting time is, on average, longer than half the average interval of 10 minutes.


Via Vicki Kossoff @ The Learning Factor
David Hain's insight:

Fascinating!, particularly for those who regularly curse their luck...

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Vicki Kossoff @ The Learning Factor's curator insight, October 27, 2013 3:39 AM

Some kinds of bad luck, like long waits for buses, can be proved mathematically - and the same is true for some of our good fortunes as well.

Rescooped by David Hain from Complex systems and projects
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Insights Vs. Organizations: how organizations reduce insights

Insights Vs. Organizations: how organizations reduce insights | Coaching Leaders | Scoop.it

Most organizations claim—and sincerely believe—that they want to increase insights and put them to use. We shouldn’t let that sincerity fool us.


Via Philippe Vallat
David Hain's insight:

Very "insightful!!"

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Philippe Vallat's comment, July 13, 2013 8:50 AM
indeed!
Rescooped by David Hain from personal development and coaching
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The neurological basis of intuition

The neurological basis of intuition | Coaching Leaders | Scoop.it

 

According to a new study, our gut feelings can enhance the retrieval of explicitly encoded memories – those memories which we encode actively – and therefore lead to improved accuracy in simple decisions. 


Via Thomas Menk, Markus
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Curated by David Hain
People and Change consultant, 25 years experience in Organisation Development. Executive coach. Very experienced facilitator and team developer.