What strategies do you use, if any, to avoid confirmation bias? It is so easy to just read up on things that confirm my viewpoint and avoid counterarguments that challenge my beliefs on a given market, strategy, property, etc. What do you guys do to avoid crucial mistakes because of failing to see the whole picture?
@Scott Passman I don't do anything specifically to avoid confirmation bias. I do try to learn from many sources. I give very little weight to major media. I give a lot of weight to credible posters here and experienced investors I network with.
@Scott Passman Start with your own beliefs and your own philosophy first. Then when you read through content and hear other people's opinions, you can more easily filter out the information that doesn't fit. Best of luck!
Adopt the point of view that opposes yours and seek out information that supports that view. Then determine how accurate that information is.
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