🧠Why we never change our opinion and How this leads to the worst decisions
What can you do about it? | Wisdom Letter #128 | Confirmation Bias
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Welcome to Wisdom Letter #128.
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“When the Facts Change, I Change My Mind.”
-Paul Samuelson
Scientists and economists can take pride in changing their opinion as the facts change. But for us ordinary folks, it takes conscious effort to change our minds with facts.
The reason we find it difficult to change our opinions is because of Confirmation bias.
Today we learn all about it in less than 3 minutes
Let’s go👇
🤔 What
Confirmation Bias is our tendency to interpret new evidence as a confirmation of our existing beliefs.
When presented with new information, we tend to filter out anything that does not resonate with our existing worldview.
Confirmation bias is the reason we feel at ease when our opinion is reinforced and agitated when it is opposed.
📜Learn More
Confirmation Bias: Why You Make Terrible Life Choices | Psychology Today
To Counteract Propaganda, We Should Look to Lessons from Advertising | Scientific American
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💡 Why does confirmation bias exist?
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