An important thought for all of us in these fraught and emotional political times for the country. Are we more soldiers for our ideas, or scouts who yearn to see reality as it is and not as we would like it to be to fit our preconceptions? Remaining a whole country may require both sides to seek truth and uncertainty even when it is unpleasant to our ego and pet ideas and beliefs. Interestingly, high IQ is not correlated with truth seeking. Instead, the scout mindset is associated with curiosity and openness to being wrong. Food for thought for every one of us. We need to get back to giving each other the benefit of the doubt in terms of good intent or we are gradually slouching toward a civil war. Hillary Clinton and Barack Obama are patriots and heroes in that they are promoting reconciliation. They are following the example of George W. Bush in the transition to President Obama in 2008. We should all try to be curious and see the other person’s point of view. We also need to question and examine our own biases and preconceptions.
Much less important, this is also the mindset you need to be a good investor. So we can potentially save the country and make a few bucks in the process by being curious. What’s not to like? Are you willing to see reality as it is rather than as you would like it to be? Can you handle the truth?