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A correlation of .30 implies that you would find the stronger CEO leading the stronger firm in about 60% of the pairs – an improvement of a mere 10 percentage points over random guessing, hardly grist for the hero worship of CEOs we so often witness.

Daniel Kahneman Quote: “A correlation of .30 implies that you would find the stronger CEO leading the stronger firm in about 60% of the pairs – an improvement of a mere 10 percentage points over random guessing, hardly grist for the hero worship of CEOs we so often witness.”

“A correlation of .30 implies that you would find the stronger CEO leading the stronger firm in about 60% of the pairs – an improvement of a mere 10 percentage points over random guessing, hardly grist for the hero worship of CEOs we so often witness.”

Daniel Kahneman

Daniel Kahneman Quote: “A correlation of .30 implies that you would find the stronger CEO leading the stronger firm in about 60% of the pairs – an improvement of a mere 10 percentage points over random guessing, hardly grist for the hero worship of CEOs we so often witness.”
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