Soon thereafter a few additional inputs arrived – a book, a piece in Bloomberg Opinion, and a newspaper article –Īll of which supported my thesis (or perhaps played to my “confirmation bias” – i.e., the tendency to embrace and interpret new information in a manner that confirms one’s preexisting views). It was that lunch that started me thinking about writing yet another memo on the futility of macro forecasting. Person who read this morning’s news.” None of the thoughts expressed, even on economic matters, seemed much more persuasive than the others, and I was absolutely convinced that none were capable of improving investment results. No one present has particular knowledge of these topics, and certainly not more than the average intelligent Regular readers of my memos can imagine what went through my mind: “Not one person in this room is an expert on foreign affairs or politics. elections? I listened as a variety of opinions were expressed. What’s likely to be the impact of the 2022 and ’24 U.S.
#Another word for embrace series#
It wasn’t organized as a social occasion but rather an opportunity for those present to exchange views regardingĪt one point, the host posed a series of questions: What’s your expectation regarding inflation? Will there be a recession, and if so, how bad? How will the war in Ukraine end? What do you think is going to happen in Taiwan?
#Another word for embrace plus#
Shortly after putting the finishing touches on I Beg to Differ in July, I attended a lunch with a number of experienced investors, plus a few people from outside the investment industry. There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know. To explaining why making helpful macro forecasts is so difficult. Over the years since then, I’ve explained at length why I’m not interested in forecasts – a few of my favorite quotes echoing my disdain head the sections below – but I’ve never devoted a memo So carry your age proudly.I’ve been expressing my disregard for forecasts for almost as long as I’ve been writing my memos, starting with The Value of Predictions, or Where’d All This Rain Come From in February 1993. Remember, you're the winner, not a loser when you grow old. Women have actually been taught to conceal their age, to joke and even lie about it, to treat it as a shameful little secret."Īging is just another word for living, and living a long time is a gift to be celebrated. Women have long been shamed for growing older - which is, after all, everyone's wish. She writes, "To invite joy and happiness in, we can break the vicious circle of shame, silence, stigma, and secrecy that surround who we truly are. Harriet Lehner, Ph.D., author of the best-selling book "The Dance of Anger," wrote an article in Psychology Today titled, "Do you have Age Shame?"
I don't see how it is possible to have a positive attitude towards aging and lie or conceal your age simultaneously. Recent studies show evidence that a positive attitude about aging can give us approximately 7.5 additional years of life. So much research tells us today that our attitude about aging will directly influence our health. The advertiser is playing into this negative stereotype as if age is something to hide. There are plenty of reasons to have negative feelings like anger, frustration and irritation, but not shame.Ī television ad frequently runs where an attractive older woman brags, "Age is just a number, and mine is unlisted!" as she smugly drinks her protein shake. There has been a long-standing policy of 'Don't ask, don't tell' in many circles. Or perhaps you've been passed by for a job because you are older. Maybe you have encountered age discrimination at work in some industries, you can be aged out at 50 years old. If we are growing old, we've done something right - many people don't get that privilege.
0 kommentar(er)
