
One Trader’s Warning: The “New Normal” Will Not Feel “Normal” At All
To be clear, I despise confirmation bias. If all you're doing in your "research" is seeking out narratives that confirm the one you've constructed in your own mind, then you're wasting your time. You can only become more confident in your convictions by subjecting them to scrutiny and considering alternative narratives.
Still, reading things written by like-minded individuals sure is fun and I wouldn't begrudge anyone a little indulgence every now and again.
With that in mind, I bring you the
Confirmation bias, as defined by Paul Simon: “Still, a man hears what he wants to hear and disregards the rest.” (From “The Boxer,” 1970)