By Barry Ritholtz – I just love data points like this. They say so much about humans as a species — how we process information, our inability to look dispassionately at a situation, the ever-present cognitive errors, even the challenges of reaching a simple, rational conclusion based on evidence.
There are lessons here for those who want to better understand how their own minds operate, and how they can manage their own behavior.
- We seek information to reinforce our beliefs.
- Selective perception prevents us from becoming fully informed.
- The ability to step out of ourselves to see the world from a different angle or perspective is hard.
- Emotions get in the way.
- Objectively measuring data isn’t our strong suit.
We believe what we want to believe, regardless of the evidence. more> https://goo.gl/ENT8uZ