pull down to refresh

That was fascinating. Our ape brains definitely come prewired for tribalism - sometimes to our detriment.
I think with investing it's a little different, but there's something similar going on. Intelligence often seems counterproductive, but I think there are some orthogonal attributes that are maybe also prerequisite - an ability to reason about exponential growth, and a healthy amount of introspection of one's emotional state. A healthy appreciation of statistics may come into play as well. In any case, I've met several very bright people who made for terrible investors.
introspection of one's emotional state
I think that's the key orthogonal trait, when it comes to these sorts of things. It seems like an emotionally aware person would be less susceptible to confirmation bias, because they can separate an empirical outcome from their personal identity.
reply