Superforecasting
The Art and Science of Prediction
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Narrated by:
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Joel Richards
About this listen
From one of the world's most highly regarded social scientists, a transformative book on the habits of mind that lead to the best predictions.
Everyone would benefit from seeing further into the future, whether buying stocks, crafting policy, launching a new product, or simply planning the week's meals. Unfortunately people tend to be terrible forecasters. As Wharton professor Philip Tetlock showed in a landmark 2005 study, even experts' predictions are only slightly better than chance. However, an important and underreported conclusion of that study was that some experts do have real foresight, and Tetlock has spent the past decade trying to figure out why. What makes some people so good? And can this talent be taught?
In Superforecasting, Tetlock and coauthor Dan Gardner offer a masterwork on prediction, drawing on decades of research and the results of a massive, government-funded forecasting tournament. The Good Judgment Project involves tens of thousands of ordinary people - including a Brooklyn filmmaker, a retired pipe installer, and a former ballroom dancer - who set out to forecast global events. Some of the volunteers have turned out to be astonishingly good. They've beaten other benchmarks, competitors, and prediction markets. They've even beaten the collective judgment of intelligence analysts with access to classified information. They are "superforecasters".
In this groundbreaking and accessible book, Tetlock and Gardner show us how we can learn from this elite group. Superforecasting offers the first demonstrably effective way to improve our ability to predict the future - whether in business, finance, politics, international affairs, or daily life - and is destined to become a modern classic.
Download the accompanying reference guide.©2015 Philip Tetlock Consulting, Inc., and Connaught Street, Inc. (P)2015 Audible, Inc.Listeners also enjoyed...
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Bayes' rule appears to be a straightforward, one-line theorem: by updating our initial beliefs with objective new information, we get a new and improved belief. To its adherents, it is an elegant statement about learning from experience. To its opponents, it is subjectivity run amok. Sharon Bertsch McGrayne here explores this controversial theorem and the human obsessions surrounding it.
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Who is the intended audience?
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Adapt
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- Narrated by: Jonathan Keeble
- Length: 9 hrs and 53 mins
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In this groundbreaking work, Tim Harford shows us a new and inspiring approach to solving the most pressing problems in our lives. Harford argues that today’s challenges simply cannot be tackled with ready-made solutions and expert opinions; the world has become far too unpredictable and profoundly complex. Instead, we must adapt. Deftly weaving together psychology, evolutionary biology, anthropology, physics, and economics, along with compelling stories of hard-won lessons learned in the field, Harford makes a passionate case for the importance of adaptive trial-and-error....
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Hidden Agenda
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By: Tim Harford
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Mindwise
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- Narrated by: Nicholas Epley
- Length: 6 hrs and 24 mins
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You are a mind reader, born with an extraordinary ability to understand what others think, feel, believe, want, and know. It's a sixth sense you use every day, in every personal and professional relationship you have. At its best, this ability allows you to achieve the most important goal in almost any life: connecting, deeply and intimately and honestly, to other human beings. At its worst, it is a source of misunderstanding and unnecessary conflict, leading to damaged relationships and broken dreams. How good are you at knowing the minds of others?
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Finally gave up - no real point
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Willful Blindness
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Margaret Heffernan argues that the biggest threats and dangers we face are the ones we don't see - not because they're secret or invisible, but because we're willfully blind. A distinguished businesswoman and writer, she examines the phenomenon and traces its imprint in our private and working lives, and within governments and organizations, and asks: What makes us prefer ignorance? What are we so afraid of? Why do some people see more than others? And how can we change?
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How Not to Be the Blind Leading the Blind
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Perfect Bet
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From the simple to the intricate and the audacious to the absurd, Adam Kucharski reveals the long and tangled history between betting and science and explains why gambling continues to generate insights into luck and decision making today. Covering exploits and ideas from across the globe, he meets the teams behind hedge funds that capitalize on inaccurate sports betting odds and explains how PhD-level pundits are using methods originally developed for the US nuclear program to predict sports results.
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Nontechnical, wandering far beyond "gaming"
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The Halo Effect
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Much of our business thinking is shaped by delusions that distort our understanding of the real reasons for a company's performance. The most pervasive delusion is the Halo Effect. When a company's sales and profits are up, people often conclude that it has a brilliant strategy, a visionary leader, capable employees, and a superb corporate culture. When performance falters, they conclude the opposite. In fact, little may have changed.
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slow start
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The Click Moment
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On the one hand we aren’t surprised by the uncertainty of everyday life, but on the other we believe that success can be analyzed and planned for. It is a revealing paradox. The implications are explosive and they obliterate every common-sense notion we have about strategy and planning. The Click Moment is about two very simple but highly provocative ideas.
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Outstanding book!
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Warnings
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Warnings is the story of the future of national security, threatening technologies, the US economy, and possibly the fate of civilization. In Greek mythology Cassandra foresaw calamities, but was cursed by the gods to be ignored. Modern-day Cassandras clearly predicted the disasters of Katrina, Fukushima, the Great Recession, the rise of ISIS, and many more. Like the mythological Cassandra, they were ignored. There are others right now warning of impending disasters, but how do we know which warnings are likely to be right?
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On prediction, catastrophe and mitigation
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Strategic Intuition
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How "Aha!" really happens....When do you get your best ideas? You probably answer "At night" or "In the shower" or "Stuck in traffic". You get a flash of insight. Things come together in your mind. You connect the dots. You say to yourself, "Aha! I see what to do." Brain science now reveals how these flashes of insight happen. It's a special form of intuition. We call it strategic intuition, because it gives you an idea for action - a strategy. This new book by William Duggan is the first full treatment of strategic intuition.
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Stratigic Intuition
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You Are Now Less Dumb
- How to Conquer Mob Mentality, How to Buy Happiness, and All the Other Ways to Outsmart Yourself
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You Are Now Less Dumb is grounded in the idea that we all believe ourselves to be objective observers of reality - except we’re not. But that's okay, because our delusions keep us sane. Expanding on this premise, McRaney provides eye-opening analyses of 15 more ways we fool ourselves every day. This smart and highly entertaining audiobook will be wowing listeners for years to come.
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Not a lot of guidance
- By A. Yoshida on 02-08-14
By: David McRaney
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What listeners say about Superforecasting
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Mark
- 11-26-15
Not totally pointless
I recently enrolled in a sports prediction ring with some friends and I chose this book because I wanted to see if it might give me some insights into the art/science of prediction in general. Clearly the focus of this book is not sport at all, but I thought there must be some generalizable, transferable aspects – and there are. But on the whole I’d say the book mainly matched my existing perceptions of how to predict the future, although I did pick up a few nice nuggets along the way and there was some value in the book’s confirmation of some things I felt already knew.
The author states that there is no such thing as fate and that everything is the result of happenstance and probability. For example, I know that my being born was the random product of the circumstances of my parents’ meeting, the fact that none of their parents were killed in World War 2, the arbitrary time and place where I was conceived and the incredible odds against me winning a sperm race. I've never believed that life is predetermined by fate or destiny. So this was not news to me at all.
So how do you make good predictions? A few things help: It helps to be numerate, to diligently study the subject matter in question, to update your predictions as circumstances change, to keep an open mind.
There were a few things I hadn’t realised, such as the fact that lay people predict the future just as well, if not better, than experts - as long as they do the necessary research – and also, that groups fare better than individuals. There is a kind of ‘emergent property’ of groups whereby the totality is greater than the sum of the parts, as long as the group members interact cooperatively.
Overall I’d say that this book is worth the read, but I predict with 73% certainty that I’ll have forgotten it in 6 months’ time.
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76 people found this helpful
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- Kerad
- 11-19-15
Very interesting book with great narration.
This was a very interesting research with deep insights in a number of areas around how to perceive the world differently. The narration was clear and easily understandable. Highly recommended read.
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- Mjkeefe
- 12-31-22
Interesting but boring
This book had interesting points, but the focus was too heavily on politics that some of the key messages were lost. It would have been nice to have more examples that were not so focused on politics.
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- Lu Phillips
- 04-11-17
Expansive on the topic
I have judged myself as a weak forecaster for years. In my line of work too many fumbles can be career limiting but what to do with an obstical in your blind spot? This book was very helpful because I got to see my woldview on this was too narrow. Forecasting can, and should, be a whole life skill.
On the downside, I really needed more handholding with each element for each tool in order for the ah-ha moments to arrive. The obvious solution is to roll up my sleeves and get to work anyway.
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- Andreas
- 01-10-17
Balanced, smart and fair
Read Kahneman and Taleb before reading this book. But then enjoy this fantastic book and all it's wisdom!
Top 5 of the best books I ever read.
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- John
- 06-11-16
Interesting Analysis
This is a really interesting book that compiles the author's research on the ability of people--many ordinary people--to become "super forecasters." The qualities of super forecasters turn out to be far from good intuition, but more the result of hard work, diligence, and, most importantly, a constant and dogged willingness to re-assess. This book should be required reading for anyone whose job involves forecasting, whether business, the economy or foreign affairs.
I did not give the book 5 stars for two reasons. First, it plods along in a few places. It could have used some pruning. Second, the authors' political leanings tend to show at some places, and I found that inappropriate for the subject.
All in all, though, an important work.
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- John
- 02-02-16
Must read
This is a must read for anyone in the business of prediction, and I would argue that we all are.
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- Robert Walters
- 06-13-19
I suggest taking notes
This book manages to almost accidentally sum up a lot of key concepts from much harder and more difficult books (such as Thinking Fast and Slow). I'll be reading this one again.
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- Mark P.
- 03-26-21
Superinformative
One of the more informative books I've read in a long time. Provides a lot of supporting information about conclusions reached, including some math & statistics (but presented in a way that is easy to understand). Good narration.
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- R. E. Miller
- 08-24-22
The audiobook loses points.
The audiobook loses points because there are charts and graphs that you're not able to see. The physical book would be a better choice. other than that it's five stars all the way!
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