Smart people make stupid decisions when they are in denial that their decisions are filtered through their emotions. They stay in the realm of pure data, which can be clear and predictable as an equation, without working through the emotional swamp of our child and animal natures. It is like building a palace atop a cesspool. To understand that we act from our animal survival/s
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Read the Article at HuffingtonPost
Wednesday, February 24, 2010
Why Do Smart People Make Dumb Decisions?
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6 comments:
While all the biases in the article exist and we have probably all been guilty of them at sometime or other, I think the author of the article suffers from confirmation bias. I guess The author would say I suffer from over confidence bias in believing that most of my decisions are good ones for me even those that don't work out.
Smart people don't make dumb decisions ... in the areas where they're smart. The idea that any of us are smart in all areas of our lives seems unlikely, or at least rare.
Marty--good in the sense that you made the best decision you could, given the resources and information you had at the time?
Dan--
I think that there are people who are smart in every arena in which they choose to engage. If they aren't good at something, they don't do it. I think that's shallow, but am pretty sure such folks exist.
Good in the sense of the best decision given the information available at the time, but in particular recognizing that one type of information we are always lacking are random events that are one can't anticipate. For example, when I took my first job working on the Apollo/LEM project I had no way of knowing that there would be a fire in the Apollo capsule that would result in my layoff after six months.
Oh my god, there is really much useful information here!
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