There are two types of people those who can extrapolate

What type are you?

How our mental models work is part of the Minimal Introspection, something we tend to overlook, because we have not too much time to introspect.

With practice, perhaps experience, perhaps maturity, perhaps …life, I don’t know, people get better at ‘the heuristics of the world’. Apologies for the pomp. This is, how to avoid using all possible mental algorithms, have all possible data, and look at all possible choices, before making a decision.

The brain can’t compete with a superfast computer in looking at all possibilities. Humans were created unfinished, imperfect, with a great brain, which is great precisely because it’s not completely algorithmic, completely able to explore all avenues, all the time (unless you suffer from some particular mental illness).

Heuristics bypasses ‘all the data’, works with the available and possible, and jumps in. The liability is called risk. Risk of getting it wrong. But the alternative is the full exploration of all data and all possibilities. This is slow death.

So whilst some people may be naturally better than others at taking risks and making imperfect decisions with imperfect data, and win because of that, this can be learn. As always, by practicing.

  • A fifth focus group may not give you more insights than the already accumulated by four focus groups, so don’t do it.
  • Asking for more and more market research reassurance may give reassurances but not a good market strategy. Go.
  • Trial and error today is better than non-error in twenty years.

So, yes, "There are two types of people in the world: those who can extrapolate from incomplete data sets”

__________________

Leandro Herrero, organizational architect, is the author of six management books, amongst them Viral Change and Homo Imitans. He is the pioneer of the Viral Change Organizational Platform, and The Chalfont Project Accelerators, Reboot! and Disruptive Ideas. His latest book However; Work could be remarkable is a selection of those Daily Thoughts. He leads The Chalfont Project, and Viral Change Global LLP.

Daily Thoughts, are live every day at 08:00 am UK time, in www.leandroherrero.com and distributed by email subscription and @LeandroEHerrero. Leandro Herrero writes about all things change and transformation, leadership and critical thinking in organizations, topics that he speaks about to corporate audiences around the world.

“There are two types of people in this world: 1. Those who can extrapolate from incomplete data”

"There are two types of people in this world: 1. Those who can extrapolate from incomplete data”—no second type is given—is a jocular statement that has been printed on many images.

“There are two kinds of people in the world… Those who can extrapolate from incomplete data” was posted on Twitter by Eli Ruggles on May 12, 2009. “There are two kinds of people in the world: those who can extrapolate from incomplete data” was posted on Twitter by Alice Lith on August 17, 2009. Authorship is unknown.

Twitter
Eli Ruggles
@roogles
There are two kinds of people in the world… Those who can extrapolate from incomplete data.
8:39 AM · May 12, 2009·Twitter Web Client

Twitter
Alice Lith
@Lith_Witch
There are two kinds of people in the world: those who can extrapolate from incomplete data
3:03 AM · Aug 17, 2009·Twitter Web Client

Twitter
PABlo Bley
@pablobley
There are two types of people in the world: 1) those that can extrapolate from incomplete data.
10:30 PM · Oct 8, 2009·TwitJump

Twitter
Chris Guillebeau
@chrisguillebeau
There are two types of people in the world: 1) those who can extrapolate from incomplete data. (via @pablobley)
7:54 PM · Oct 22, 2009·Twitter Web Client

Twitter
Scott C. Lemon
@humancell
Replying to @memes4u
@memes4u there are two kinds of people in the world: those who can extrapolate from incomplete data sets
3:18 PM · Nov 12, 2009·Twitter Web Client

Google Books
Title There Are Two Types of People in This World: 1.) Those Who Can Extrapolate from Incomplete Data: Science Math Engineer Journal
Author Eve Emelia
Edition illustrated
Publisher Independently Published, 2018
ISBN 1728724457, 9781728724454
Length 110 pages
Subjects Science › General

Reddit—Jokes
Posted by u/Sleepwalker696 October 17, 2018
There are two types of people in this world
Those who can extrapolate from incomplete data,

Twitter
Mr. #MalCorazón
@CrashTestBobby
There are two types of people in this world.
1) Those who can extrapolate from incomplete data.
11:23 PM · Nov 25, 2020·Twitter Web App

Posted by Barry Popik
New York City • Work/Businesses • Wednesday, November 25, 2020 • Permalink

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