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Updated over 2 years ago on . Most recent reply

Francis A.'s profile image
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Francis A.
  • from Los Angeles, California
  • Member since May 16, 2014
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Francis A.'s profile image
Francis A.'s profile image
Francis A.
  • from Los Angeles, California
  • Member since May 16, 2014
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Francis A.
  • Los Angeles, CA
142
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Market Trends & Data

Wall Street’s ‘Dr. Doom’ - U R stupid for moving 2 TX or FL

Francis A.
  • Los Angeles, CA
Posted

https://fortune.com/2022/10/20...

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Bruce Woodruff's profile image
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Bruce Woodruff
  • #3 All Forums Contributor
  • Contractor/Investor/Consultant
  • from West Valley Phoenix
  • Member since Apr 11, 2021
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Bruce Woodruff's profile image
Bruce Woodruff's profile image
Bruce Woodruff
  • #3 All Forums Contributor
  • Contractor/Investor/Consultant
  • from West Valley Phoenix
  • Member since Apr 11, 2021
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Bruce Woodruff
#3 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
14,157
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12,026
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Bruce Woodruff
#3 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied
Quote from @Mike Dymski:

Dunning-Kruger effect - happens when a person's lack of knowledge and skills in a certain area cause them to overestimate their own competence.


 Similar to the old 'Peter Principle' concept..... :-)


"people in a hierarchy tend to rise to "a level of respective incompetence": employees are promoted based on their success in previous jobs until they reach a level at which they are no longer competent, as skills in one job do not necessarily translate to another"

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