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Biotech / Medical : Immunomedics (IMMU) - moderated

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To: stockdoc77 who wrote (62957)12/10/2024 8:56:26 AM
From: weatherproof4 Recommendations   of 63306
 
>> One common pattern I see in highly intelligent people (and I myself have been guilty of this in the past) is that once convinced of a point of view they can be the most impervious to contrary evidence as they are often able to come up with convincing rationales why that evidence doesnt count or should be dismissed.<<

This brings me back to my old college psychology classes and cognitive dissonance theory. It goes a long way in explaining much of what is going on in our country today, but I suppose this is not the board for that discussion. Essentially, as we commit ourselves to supporting a given belief or idea, it becomes increasingly more difficult to walk it back. We challenge contradictory evidence as inconclusive, or something conjured up by some entity whose motives are less than true and honorable. That's one way in which to relieve the angst that comes with the aforementioned dissonance. Another way, of course, would be to change one's belief in the face of conclusive evidence that plainly contradicts that belief.
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