Numerous studies have shown similar results. Radiologists have failed to recognize the presence of lung disease in about 30 percent of the X-ray plates they read, despite the clear presence of the disease on the X-ray film. Another experiment proved that professional staffs in psychiatric hospitals could not tell the sane from the insane. The point is that we should not take for granted the reliability and accuracy of any judge, no matter how expert.
—from A Random Walk Down Wall Street, a book by Burton G. Malkiel
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