Latest research showing what bullshit artists wine critics are

Wall Street Journal -  A Hint of Hype, A Taste of Illusion
They pour, sip and, with passion and snobbery, glorify or doom wines. But studies say the wine-rating system is badly flawed. How the experts fare against a coin toss.

Stand-out records

 

Source: What Are the Odds? – Happy Days Blog – NYTimes.com

Address : <http://happydays.blogs.nytimes.com/2009/05/22/what-are-the-odds/?em>In fact, every stand-out record in any sport that has ever been analyzed has always been found to be consistent with the patterns produced by random fluctuations. 

In fact, every stand-out record in any sport that has ever been analyzed has always been found to be consistent with the patterns produced by random fluctuations. 

Source: What Are the Odds? - Happy Days Blog – NYTimes.com

Are “Great” Companies Just Lucky?

Mostly, yes. 

Are “Great” Companies Just Lucky?

Harvard Business Review April 2009

See also The Halo Effect