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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: LLCF who wrote (13633)1/18/2002 6:04:00 AM
From: Maurice Winn  Read Replies (1) of 74559
 
DAK, I don't know Noland from a bar of soap. I simply meant CB's principles were good. I liked her data one too [where people dump hypotheses or data].

When data conflicts with what we think we KNOW to be true, it's much easier to assume the conflicting data is a mistake than to revise our often faulty ideas about what's real.

Cognitive dissonance sets in when too many conflicting bits of data make our internal models unsustainable and we lose our frames of reference to reality. [Cognitive dissonance has been misused in this stream]. We can ignore a certain amount of 'wrong' data. But at some stage, reality has a habit of intruding on our warped ideas. There's nothing like an inanimate, but falling, rock to knock some sense into our heads.

The silly fashion which says reality is what we perceive it to be is true, but only until the incorrect perceptions are mushed by the more reality-compliant facts of life. Our DNA didn't get to be billions of bits long by reality matching our DNA. It was the reverse. Non-matching DNA was filtered out of the gene pool. Interestingly, humans increasingly create the reality which then acts as a filter on us, in a feedback loop.

Eugenics is alive and well whether we like it or not.

Mqurice
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