Was revising my 202 when the topic about 'heuristic and biases in decision making' got me interested. The article talks about how humans make lousy decisions based on past and irrelevant shortcuts or rule-of-thumbs. It's like commenting that today will rain because I'm playing soccer later and it rains everytime I wanted to play soccer - availability heuristic. Or saying any subsequent Joshuas must be a spiky-haired big fat irritating jerk because the first Joshua I knew fit this description - anchoring heuristic. I am also guilty of the self serving bias because I stick with people who agree with me and argue my life off when they don't. And finally, I am defined as a poorly-calibrated individual because I am always overconfident. Like the way I always leave my readings till the very last minute, I must be missing a screw somewhere. There are so much more that I am guilty of but I couldn't possibly blog them all. Anyway, I'm applying what I had mugged. Due to the availability heuristic in the 0-0 draw a fortnight back and an anchoring effect leveraged from the 4-1 thrashing at the hands of Boro, an overconfident dPx is predicting a 1-0 win for minnows Lille over Rio's Man Utd. But then of course most likely I will get it wrong again. No wonder I had been losing all my cash to S'pools.