September 2019
Intermediate to advanced
240 pages
4h 15m
English
Content preview from Rules of Thinking, The
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RULE 76
Vet your advisors
When a big decision comes along, we generally ask other people for their input – colleagues, family, friends, professionals. People who don’t have a vested interest in the outcome, but who we reckon will be able to give us a balanced, unbiased opinion.
Ah, if only. But there’s no such thing as an unbiased opinion, by definition. Facts may be unbiased (although which facts? I’ll come to that in a minute …) but an opinion is always a personal standpoint, and everyone has their own take.
Suppose you’re thinking of investing in the property market and you know someone who has done the same thing themselves. Ideal! They’ll be able to give you the lowdown, won’t they? Well yes, they will, but only from their perspective. ...
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