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re: Orgeron has optimism bias

Posted on 2/9/18 at 9:26 am to
Posted by Penrod
Member since Jan 2011
39617 posts
Posted on 2/9/18 at 9:26 am to
quote:

Give me an example that doesn't involve recruiting. Just curious to what optimism bias looks like without it



Salesmen who always overestimate the chances of a sale going through. In my business we do construction projects. We used to partner with a construction company. Sometimes they would bring deals to us. This one guy, Randy, would always say, "This one's almost a done deal." Of course, most of those never happened.
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