XPost: alt.home.repair
On 8/14/2025 7:19 PM, George Core wrote:
JTEM wrote:
https://www.facebook.com/watch/?v=1464117234769403
If the video doesn't work, doesn't matter. Just Google the term...
Such "Studies" are flawed and easily twisted to serve any agenda.
Bullshit. Facebook links as proof! BBBWWWWAAAAAHHHAAAHHHAA!
You're a fucking imbecile.
JTEM *is* a fucking idiot and always was and always will be.
Trump's the Dunning-Kruger POTUS.
The fact is, Dunning-Kruger isn't what it is popularly thought to be. It is *not* that stupid people are too stupid to realize they're stupid. It's that stupid people, like nearly everyone else, tend to think they're better than average, but because stupid people are by definition much below average, they are always wrong about that, whereas smarter people, who more likely *are* above
average, are less likely to be wrong about that presumption.
See "The Dunning-Kruger Effect Isn’t What You Think It Is":
https://www.scientificamerican.com/article/the-dunning-kruger-effect-isnt-what-you-think-it-is/
But the idea of ignoramnuses thinking they know far more than they know, while knowledgeable people are less sure of their knowledge, has some basis in fact. In the mid to late 1990s, I was doing some work for a reinsurance company. Reinsurance is when insurance companies buy insurance to cover some of their risk. An insurance company insures a dry cleaner against property and casualty loss, up to $5 million. They don't want all that risk on their books, so they buy reinsurance for $4.5 million (excess of loss). So the primary insurer is on the hook for the first $500,000, but then their reinsurance kicks in if the loss
is higher. And the reinsurers do the same. The company that assumed the risk for
the next $4.5 million buys XOL coverage for anything above $1 million, and on and on.
So I mentioned something about this to my dumbass semi-literate younger brother,
who doesn't know a fucking thing about insurance (except that he resents having to buy it). Without missing a beat — I mean, literally in *seconds* after I mentioned "reinsurance" — he blurted, "Reinsurance is the proof that insurance
companies are overcharging for basic coverage." He is completely wrong, of course — reinsurance is what *lowers* the premium that primary insurers have to
charge.
My brother is a classic Dunning-Kruger fuckwit. So is Trump. Trump doesn't know *anything* apart from how to swindle someone in a real estate deal. Is that really knowledge that should be rewarded and admired? No.
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