By Raunak Onkar | [email protected]
We use language to think. The grammatical elements of any language help us express our thoughts better. That can pose a problem while thinking with incomplete information. In that case our emotional state can sway us into believing our own thoughts.
Take investing in stocks for example. It is a guarantee that no matter how well researched the investment idea is we are bound to have some gaps in understanding. We have no choice but to allow for some margin of error to protect us from any temporary setbacks.
One way would be to know our biases but that’s a theoretical solution. To reach a more practical solution we need something that is easy to test & which applies across all our thinking.