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  • Is $10 Oil On The Horizon?

    03/16/2020 1:22:28 PM PDT · by nickcarraway · 46 replies
    Oilprice ^ | Mar 16, 2020 | Andreas De Vries
    According to a number of cognitive scientists, mankind uses its unique ability to reason primarily for justifying pre-held convictions, rather than for forming convictions. It is of critical importance for strategists to understand and acknowledge this human tendency, as it causes one to easily fall prey to a number of cognitive biases, which prevent one from seeing things how they really are, and more important for the strategist, how they are likely to become. One of the most famous cognitive biases is confirmation bias. As we prefer to be proven correct, we naturally incline towards information that confirms our views...