Cluster Illusion

One concept. Four tiers of command. Which do you speak?

Category: Cognition

Foundational Lexiconseeing patterns in random
Executive Parlancefalse pattern recognition
Scholarly Discourseapophenia
Babel ZenithHot Hand Fallacy
Origin: Sports Psychology

Etymology & Meaning

Believing that a streak in random events signals continued success.

In the Boardroom

Assuming a trader's recent wins indicate skill rather than luck.

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