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Conservatism bias

Wed Oct 15, 2008, 8:22 PM
People tend to cling tenaciously to an opinion. Even when circumstances have changed, most people find it difficult to adjust their view.

A study conducted in 2002 reveals that analysts' forecasts typically trail reality - In fact most 'forecasts' are very good at telling you what has just happened.

Perhaps we should pay heed to Darwin's maxim; adaptability, not strength, is the key characteristic of survival.

(On a postcard mailed to me from Oliver)

  • Mood: Content
  • Listening to: Placebo - Running up that hill
  • Reading: Picture of Dorian Grey
  • Watching: American Beauty
  • Playing: Not WoW >.>
  • Eating: Fairy bread
  • Drinking: Peach Iced tea

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