Story@BFBV: The Near Miss Story

Did you hit too far to the right of the bull’s eye? Next time, aim a bit on the left. In a game of skill like shooting, a near miss provides useful feedback to the shooter.

In a game of chance, near misses have no information. If you miss winning the lottery ticket by one number, it doesn’t really mean anything. Not so for the loser who “almost won.” He can’t wait to get another ticket.

The human mind finds it difficult to distinguish between skill and luck. And many a gambler keeps on going back to the table after “almost winning.” That strategy is sure to ruin him ultimately.

Beware of “near misses” in random situations.

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