Replies to post #400595 on Innovation Pharmaceuticals Inc (IPIX)

[Snowy_Owl]

When the Dunning-Kruger effect is mentioned it's usually in reference to the first of four stages of competence.

The Dunning-Kruger stages of competence are:

1) Unconscious incompetence: You’re ignorant of what you don’t know.
2) Conscious incompetence: You’re aware of what you don’t know, but you haven’t taken steps to learn more.
3) Conscious competence: You’re actively learning and acquiring knowledge about a subject.
4) Unconscious competence: You’ve mastered a subject so extensively that you may forget or take for granted how much you truly know.

We used to apply this to training assessment at my workplace. An unexpected benefit was how it motivated people to learn.