The principle of total evidence - Deepstash
Persuasive storytelling

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Persuasive storytelling

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The principle of total evidence

Also referred to as Bernoulli’s maxim, it states that, when assessing the probability that a certain hypothesis is true, we must take into account all the available information.

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Cherry picking

Cherry picking

It is a logical fallacy and it happens when we choose and focus only on evidence that supports our views and arguments while ignoring anything that may contradict us.

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Why we cherry-pick information

  • Intentional: people that use intentionally cherry picking in their arguments because doing so makes their arguments more persuasive.
  • Unintentional: driven by the flawed manner in which humans process information and make decisions.

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How to avoid cherry picking

  • Ask yourself: “Is there any additional evidence or possible interpretations of existing evidence that I should be considering?
  • Avoid forming a hypothesis too early on, before you’ve had a chance to look at all the available information.

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The problem with cherry picking

  • It fails to take into consideration all the available information
  • It presents information in a misleading way.
  • It might lead to improper analysis and might cause someone to paint a misleading picture of a certain outcome.

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How to respond to cherry picking

  • Expose the fallacious reasoning: point out the fact that your opponent is ignoring crucial information which should be taken into account, and explain why this is a problem.
  • Bring omitted information into consideration: discuss the information which was omitted, and sho...

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jam_iee

Life is like facebook. People will like your problems & comment, but no one will solve them because everyone`s busy updating theirs.

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Other curated ideas on this topic:

The problem with cherry picking

  • It fails to take into consideration all the available information
  • It presents information in a misleading way.
  • It might lead to improper analysis and might cause someone to paint a misleading picture of a certain outcome.

Why Should You Value Shares?

Why Should You Value Shares?

It is important to understand that the stock's intrinsic value is not necessarily directly tied to its current market price.

The efficient market hypothesis, a theory that states that all known information is currently priced into a stock. However, this is not always the case.

Rewards and dopamine

Rewards and dopamine

Our brains compute 3 things about reward: how much will we get, how soon will we get it, and how certain are we that we will in fact get it. 

And it’s when the probability of a reward hovers at around 50% that dopamine flow is maximal. When the probability of getting it is as high as...

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