A TED talk entitled "Why you think you're right even when you are wrong"

Discussion in 'Investor Psychology & Mindset' started by Gockie, 2nd Mar, 2018.

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  1. Gockie

    Gockie Life is good ☺️ Premium Member

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  2. DaveM

    DaveM Well-Known Member

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    Sounds like this forum a lot of the time :D
     
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  3. Scott No Mates

    Scott No Mates Well-Known Member

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    There's only one right answer & it's mine.
     
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  4. kierank

    kierank Well-Known Member

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    Yours might be right but mine is BETTER :D
     
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  5. Sackie

    Sackie Well-Known Member

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    Agreed.

    Unless it's me.
     
  6. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    I can think of a few forum members who should listen to that.
     
  7. kierank

    kierank Well-Known Member

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    I’m thinking @Leo2413 for one :D
     
  8. Sackie

    Sackie Well-Known Member

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    what.......you sayin um an egotistical narcissist or somethin.......o_O





     
    Last edited: 2nd Mar, 2018
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  9. EN710

    EN710 Well-Known Member

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    Have you asked your wife?
     
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  10. Sackie

    Sackie Well-Known Member

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    Sim can we delete her post..:p
     
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  11. Scott No Mates

    Scott No Mates Well-Known Member

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    Gooone! So quick that I didn't see your wife's post.
     
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  12. Graeme

    Graeme Well-Known Member

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    There's a certain amount of evidence that the human brain is quick to make a judgement, but it's unlikely to change a decision once it's being made.

    This is beneficial for surviving on the African savannah, where a misstep might result in you becoming a snack for a passing lion, but less so when dealing with complex, changeable situations.

    I wonder if this is an explanation for why bubbles are hard to spot. Someone buys in during the early stages, and then refuses to see that it's going crazy in the end state.