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SIMILAR ARTICLES & IDEAS:
"There is no inherent value in any piece of data because all information is meaningless in itself. Why? Because in..."
Our brains like to fill up incomplete information based on our prejudice and confirmation bias.
As all data is inherently incomplete, we use our minds to fill the missing information, based on the existing data we have, and that can go obverse.
Stories are the primary way through which we make sense of our world. We explain ideas by telling stories.
Even science uses storytelling when they use data of the physical world to ex...
Despite the verities of science, we feel compelled to tell stories that venture beyond the facts.
When we first see separate ideas, we feel obliged to find a relationship between the ideas to form a coherent picture. Once a possible relationship has been established, we feel the need to come up with an explanation.
When the brain pieces separate bits of an image together to form a coherent picture, it is known as pattern recognition. Once we recognize a pattern, it can spark a degree of pleasure, often described as that "a-ha" moment.
We surround ourselves with it: We tend to like people who think like us; if we agree with someone's beliefs, we're more likely to be friends with them.
This makes sense, but it means ...
It's a thinking mistake and it occurs when we confuse selection factors with results.
Professional swimmers don't have perfect bodies because they train extensively. Rather, they are good swimmers because of their physiques.
It plays on this tendency of ours to emphasize loss over gain.
The term sunk cost refers to any cost that has been paid already and cannot be recovered. The reason we can't ignore the cost, even though it's already been paid, is that we're wired to feel loss far more strongly than gain.