Seeing the whole picture is something we’re frequently advised to do, in finance and other walks of life. It’s important to step back and look at the full picture – the problem is that our advanced human brains are often doing just the opposite of that.VIEW
We are all susceptible to a tricky problem known as a confirmation bias.
We honestly believe that our convictions are rational, logical, and impartial, based on the result of years of experience and objective analysis of the information we have available.
The human psyche is full of little quirks – strange behaviours that we can’t always account for and in some cases we aren’t even aware of. They’re not just nature’s little jokes though, very often we display hard-wired behaviours that evolution has put in place for good reason, to help us out of situations that we wouldn’t consciously react to quickly enough.VIEW