"No evidence from their study supports the narrative that the confidence of learners starts out at zero, spikes, nose-dives, and then climbs again — even though the Internet is full of graphics purported to illustrate that very narrative."
I've only been following you for and a few months, and am thrilled to say I've learned so much about life and investing, keep up the good work. Cheers from Australia.
Love your stuff Brian! Just thought I'd point out that this graph (whilst intuitive) doesn't actually represent the Dunning-Kruger Effect.
David Dunning himself, mentions this in the following MIB podcast: https://open.spotify.com/episode/1HOw5iLUH5jGEUbrFWHIwY?si=1TtUiQjXT36485_IfYoxFA
On his weblog, Dennis Jerz states:
"No evidence from their study supports the narrative that the confidence of learners starts out at zero, spikes, nose-dives, and then climbs again — even though the Internet is full of graphics purported to illustrate that very narrative."
https://jerz.setonhill.edu/blog/2020/04/07/dunning-kruger/
I've only been following you for and a few months, and am thrilled to say I've learned so much about life and investing, keep up the good work. Cheers from Australia.