Eliminating Noise and Using Patience to Win DFS Tournaments


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Mike Leone goes solo this week, waxing philosophically over how we can apply Daniel Kahneman's new book, Noise, to NFL DFS. Mike outlines:
-why simple models beat human beings at prediction
-the danger of the "illusion of validity"
-how human judgement improves the information we feed the Establish the Run projections
-why we should trust those projections and not be variable or too active in tweaking our judgements on particular cases
-in other words: try to treat decisions based on player ceiling, projected value and field exposure, and correlation - no on how a player makes us feel
-getting outsized rewards for our patience in tournaments
-targeting slow starters with high ceilings like George Kittle and AJ Brown
-knowing when not to be patient and to adjust our priors quickly
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