The Hot Hand: The Mystery and Science of Winning Streaks

Description

'A feast for anyone interested in the secrets of excellence.' Andre Agassi, winner of eight Grand Slam titles and bestselling author of Open For fans of Charles Duhig, Malcolm Gladwell and Nate Silver, a brilliant and buoyant investigation into the existence (or not) of hot streaks. For decades, psychologists and economists have studied the science of streaks to determine whether the 'hot hand' exists. Is there such a thing as being in the zone? Or it simply a case of seeing patterns in randomness? Genius scholars and Nobel Prize winners have dedicated years to answering this question. A substantial number of the decisions we make each day are rooted in two opposing beliefs: that if something happened before, it will happen again - or if it happened before, it probably won't happen again. The Hot Hand is an incredibly entertaining and provocative investigation into the seductive idea that streaks not only exist but can be created. Every day we look for patterns in coincidence, and coincidence in patterns. Is there a hidden logic that defies our basic understanding of probability? If we recognize someone has a hot hand, can we adjust to take advantage? If we mistakenly assume they have the hot hand, what are the costs? What happens when we're wrong - and what happens when maybe we were right all along? To answer these questions, Ben Cohen embarks on a kaleidoscopic investigation that ranges from the magical night that forever changed NBA's superstar Stephen Curry's life to a billionaire investor who made a fortune betting against streaks; the mystery of a missing World War II hero to the authentication of a lost Van Gogh painting; how Shakespeare's success was abetted by a flea to how Spotify had to make its shuffle feature less random to feel more random. The Hot Hand takes us to the jungles of the Amazon, a sugar-beet farm in the northern United States, and strip mall arcades to show us how recognition of patterns can be both fruitful - and disastrous.

'I've been on both sides of the "hot hand". I've had it, and I've faced opponents who had it. And I've written extensively about the role it played in my life. But Ben Cohen offers up an original and riveting deep dive on this fascinating topic, which relates to so many other pursuits. A feast for anyone interested in the secrets of excellence.' Andre Agassi, winner of eight Grand Slam titles and bestselling author of Open 'Fascinating, eye-opening and consistently entertaining, The Hot Hand asks a big question: how do we determine when one success will likely follow another? The answer is not only surprising, but instructive.' Charles Duhigg, bestselling author of The Power of Habit 'Long before I reached the end of this provocative and uniquely brilliant book, I knew I would never be "finished" with it. Ben Cohen's research shows how every day, from basketball to business to beet farming, human events are profoundly shaped by the power of streaks. I will never make another difficult decision without considering this.' Sam Walker, bestselling author of The Captain Class 'A fascinating book on the elusive allure of being on a roll. For any fans of human psychology, or numbers geeks, wolves of wall street, basketball obsessives - and anyone else who loves great stories that hint at the mysteries behind our decision-making, belief ... and occasional runaway success.' Seth Stephens-Davidowitz, bestselling author of Everybody Lies