One of my favorite YouTube channels is Veritassium. They rarely cover German related topics, but they got a couple of very useful and interesting videos that I'll share with you in this course. This one I found particularly interesting as it confirms many things that you'll find integrated in all my courses. And that's also to be expected as the core principles of my work are based on proper science, that science that is done at universities and by scientists not by those that put the word quantum in front of everything. Watch it and share your thoughts and revelations with us in the comments or in the Community.

Video Summary

• Expertise involves recognizing patterns and making intuitive decisions.
• Memorizing information, like digits of pi or chess positions, is a common way to develop expertise.
• Chess masters have better memory for chess positions but not better overall memory.
• Expertise is built on "chunking," recognizing complex stimuli as one thing.

1. 1. Four criteria are essential for expertise:Many repeated attempts with feedback.
   2. A valid environment with regularities.
   3. Immediate and clear feedback.
   4. Deliberate practice at the edge of one's ability.

• Political and economic experts often perform worse than chance due to one-off events.
• Stock market experts struggle to beat the market due to its low validity environment.
• Immediate feedback, like YouTube views, drives behavior more than delayed feedback.
• Expertise is context-specific; experience doesn't always improve performance.
• Expertise can be developed with deliberate, challenging practice and guidance.