Tag: apophenia

Apophenia

Apophenia is defined as, the “unmotivated seeing of connections” accompanied by a “specific experience of an abnormal meaningfulness”. For the full definition visit the wiki entry: –

https://en.wikipedia.org/wiki/Apophenia

Apophenia has come to imply a universal human tendency to seek patterns in random information, such as gambling or charts. It’s  a flaw that afflicts many.

Apophenia and Gambling

Probably the best known appearance of this in gambling markets is the gamblers fallacy. This is when a long run of results lead …