Samantha McLemore, CFA’s Post

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Founder & Managing Member, Patient Capital Management | Investment Expert | Champion for Female Leadership and Empowerment | Advocate for Optimizing Life Through Behavior Change

How in the world did Biden and his advisers allow such a disastrous debate to happen?! One answer is confirmation bias, which is the tendency to look for evidence that validates our beliefs. Everyone does it. Biden and his closest advisers, family and friends want him to be cogent enough to effectively run for President. They see his best moments as validation. The President, however, needs to be sharp all the time. If we want to accurately understand reality, we must seek out disconfirming evidence. We need to take it seriously, even when (especially when!) it’s telling us things we don’t want to hear! At Patient Capital, we study behavior, and behavioral biases. This knowledge helps us understand the world, people and even ourselves. It can help us mitigate our sometimes flawed instincts and be more effective. In investing, it’s essential. Politics too.

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Nukul Kumar

Product-Technology-People

3mo

So true! I have a hypothesis to suggest here to make sense of it but more importantly, in grand schemes of things, it just doesn’t matter. Also, isn’t it very difficult to reflect on our own bias? Which is why there’s always a balance even after changes. Best is to enjoy seeing things unfold in the most unique way. 🍿😊

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Thank you for sharing Sam!

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