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The Monte Carlo example and the IQ experiment show that people believe in the "balancing force of the universe." This is the gambler's fallacy. However, with independent events, there is no harmonizing force at work: A ball cannot remember how many times it has landed on black. Despite this, one of my friends enters the weekly Mega Millions numbers into a spreadsheet, and then plays those that have appeared the least. All this work is for naught. He is another victim of the gambler's fallacy.

The Art of Thinking Clearly

Rolf Dobelli

And for all practical purposes, you receive even better protection than under a two- or three-year “contract.” Security under those deals soon elapses to zero. But with an 18-month termination agreement, there’s always a year-and-a-half of future paychecks. Even if you become CEO at $1.4 million per year, you can still whip out the termination agreement you got when you joined the company as a zone manager at $102,000 ten years earlier. You’ll collect $2.1 million during the next 18 months…thanks very much!

Rites of Passage at $100,000 to $1,000,000+

John Lucht

You must use your mind to get things off your mind.

Getting Things Done

David Allen

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