Today's post, Planning Fallacy was originally published on 17 September 2007. A summary (taken from the LW wiki):

We tend to plan envisioning that everything will go as expected. Even assuming that such an estimate is accurate conditional on everything going as expected, things will not go as expected. As a result, we routinely see outcomes worse then the ex ante worst case scenario.

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This post is part of the Rerunning the Sequences series, where we'll be going through Eliezer Yudkowsky's old posts in order so that people who are interested can (re-)read and discuss them. The previous post was Why I'm Blooking, and you can use the sequence_reruns tag or rss feed to follow the rest of the series.

Sequence reruns are a community-driven effort. You can participate by re-reading the sequence post, discussing it here, posting the next day's sequence reruns post, or summarizing forthcoming articles on the wiki. Go here for more details, or to have meta discussions about the Rerunning the Sequences series.