judgement

The dragonfly eye

The rule

Gather many different, even clashing, views and blend them into one. Many eyes see more than one, like a dragonfly's eye.

Where it flips

But blending in bad or copied views just adds noise. The fix is to gather views that are truly separate and well-informed, not an echo of the same source.

A dragonfly's eye has thousands of tiny lenses feeding one picture. A good forecaster does the same with opinions. Collect several separate, clashing views, the bulls and the bears, the insiders and the outsiders, and blend them. The average of many honest guesses usually beats any single one. It is the wisdom of the crowd working inside one head.

A worked example

Facing a decision, Haridya deliberately reads the optimist, the pessimist, and the doubter, then forms one blended view. It lands closer to the truth than any one of the three alone. [illustrative]

How to spot it

  • ·several clashing views gathered
  • ·separate sources, not echoes of each other
  • ·one blended judgement, not one voice

Philip Tetlock & Dan Gardner · Superforecasting

Our plain-English take on Philip Tetlock & Dan Gardner’s idea, in our own words - not the book. The author is not SEBI-registered; nothing here is investment advice.