I think there’s a difference between a decision made badly and a bad decision. Playing the lottery is a decision made badly, because you have no special information and it’s -EV. But if you win, it’s a good decision, no matter how badly made it was—the correct response is “That was kind of dumb, I guess, but who cares?”.
Of course, the lottery example is cold math, so there’s no room for disagreement about probabilities. It’s rather different in the case of things like literary analysis, to get back to where we started.
I think there’s a difference between a decision made badly and a bad decision. Playing the lottery is a decision made badly, because you have no special information and it’s -EV. But if you win, it’s a good decision, no matter how badly made it was—the correct response is “That was kind of dumb, I guess, but who cares?”.
Of course, the lottery example is cold math, so there’s no room for disagreement about probabilities. It’s rather different in the case of things like literary analysis, to get back to where we started.