Epistemic Luck/ ChatGPT Prompts/ Some Easy Finance Tips

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Dear all,

Epistemic luck is a term used in philosophy to describe situations where our beliefs or knowledge are based on luck rather than reliable evidence or good reasoning. It basically means that sometimes we can think we know something, but we only believe it by chance, without having good reasons to back it up.

Imagine you're taking a multiple-choice test and you don't know the correct answer to a question. You randomly guess and happen to get it right. Even though you got the answer correct, your belief that you knew the answer was based on luck rather than actually knowing the material. You just got lucky with your guess.

Epistemic luck can also occur in everyday situations. For example, let's say you're trying to find your car keys. You look in all the usual places and can't find them, so you randomly decide to check your coat pocket and there they are. You found your keys, but it was purely by chance rather than any careful searching. In this case, your belief that your keys were in your coat pocket was based on luck, not any reliable evidence.

Epistemic luck shows us that sometimes we might think we know something, but it's important to be aware that our beliefs can be unreliable if they are based on chance or luck. To have true knowledge, it's better to rely on solid evidence, good reasoning, and careful thinking.


**One Video I Enjoyed**

The Komodo dragon is the largest lizard species alive today. It can eat up to 80% of its body weight in a single meal, mostly carrion. However, the sight of a deer being swallowed whole by a Komodo dragon is truly impressive.

https://youtu.be/bvIqv4f-HQo


**Two Tweets I Enjoyed and Liked**

Aadit Sheth shared some of the ChatGPT prompts that make life much easier.

https://twitter.com/aaditsh/status/1673376153284022276

Some of the highly useful finance lessons shared by Fiona.

https://twitter.com/The_MMW/status/1673315682660896770


**Three New Websites I Enjoyed and Liked**

  1. A recreation of former PM Abe's assassination.

  1. Shadow library is a non-profit open-source open-data project with two goals:

Preservation: Backing up all knowledge and culture of humanity.

Access: Making this knowledge and culture available to anyone in the world.

  1. Newsreels from the UCLA Film & Television Archive


**Three Quotes and Phrases I Liked**

Ambitions pull you forward when it's hard.

"Action may not always bring happiness, but there is no happiness without action."— Benjamin Disraeli, former British Prime Minister

"Beliefs are hypotheses to be tested, not treasures to be guarded."


**Two Write Ups I Enjoyed and Liked**

  1. Why Leaning Into Boredom Is a Superpower. Researchers explain how to take advantage of the misunderstood state

https://www.insidehook.com/article/health-and-fitness/boredom-good-you

  1. How to Survive a Car Crash in 10 Easy Steps.

https://longreads.com/2023/05/11/how-to-survive-a-car-crash-traumatic-brain-injury-10-easy-steps/


**One Photo I Enjoyed and Liked**

Source: Wikimedia

The great comet of 1881 (Comet C/1881 K1). Observed on the night of June 25-26 at 1h. 30m. A.M. (Plate XI from The Trouvelot Astronomical Drawings 1881)

Thanks

Xoxo

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