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Your point Was? Do you think there is an error in the logic of the oil bulls, or is your bias in favor of merely cautioning all against the frailties of the human psyche?
Jul 17 16:54 pm
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All Comments by whidbey »Confirmatory Bias and Oil Investing [View article]
My only observation is that bias are learned from experience and more often than not are well founded. Why would one suspect himself of error when his personal history tells him that, on the whole, his judgment has been reliable? Did you know that Bacon was a thief and was convicted for thief? His character was hardly better than his over generalizations, of was that his point?