Business Day

STREET DOGS

- Michel Pireu (pireum@streetdogs.co.za)

The human mind is a lot like the human egg, which has a shut-off device. When one sperm gets in, it shuts down so the next one can’t get in. The human mind has a big tendency of the same sort. And it doesn’t just catch ordinary mortals; it catches the deans of physics.

According to Max Planck, the really innovative, important new physics was never really accepted by the old guard. Instead, a new guard came along that was less brain-blocked by its previous conclusion­s. And if Planck’s crowd had this commitment tendency that kept their old inclusions intact in spite of disconfirm­ing evidence, you can imagine what the crowd that you and I are part of behaves like. — Charlie Munger

Once the mind has accepted a plausible explanatio­n for something, it becomes a framework for all the informatio­n that is perceived after it. We’re drawn, subconscio­usly, to fit and contort all the subsequent knowledge we receive into our framework, whether it fits or not. Psychologi­sts call this “cognitive rigidity”. The facts that built an original premise are gone, but the conclusion remains — the general feeling of our opinion floats over the collapsed foundation that establishe­d it. Informatio­n overload, “busyness” and emotion all exacerbate this phenomenon. They make it harder to remain open-minded. — Ryan Holiday

You might read this and think, “I’m open-minded. I can do that.” But open-mindedness is usually viewed as an acceptance that other people might be right, rather than an active process of discoverin­g where you’re wrong. Those might seem like the same thing, but they’re not. Being open to the possibilit­y of others being right is passive. Real openminded­ness is trying as hard as you can to disconfirm your own ideas. — Morgan Housel

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