Slightly controversial points of view #6

“Tell me something, that almost nobody agrees with you on”

Based on the famous Peter Thiel question and in line with our slightly evil podcast and slightly uncomfortable newsletter, every week we post things that had the same reaction: they forced us to stop and think about what we’d just read.

Only in recent history has “working hard” signaled pride rather than shame for lack of talent, finesse and, mostly, sprezzatura.
This led them to coin Motivation Attribution Asymmetry. The theory that, in conflict, when someone disagrees with or opposes us, they are motivated by the opposite of what we are motivated by. It’s a cognitive bias that makes compromise very difficult.
Editor’s note: Market perception drives a lot of value and the market is driven by sentiment and news, as much (or more) as it is by fundamentals. The Holder Report signals thoroughness on paper and should help investors feel good.
Ed West is an author, journalist and blogger. He writes a regular blog for The Spectator and is deputy editor of The Catholic Herald. He is the author of The Diversity Illusion, Groupthink and The Silence of Our Friends.
A friend of mine often reminds me of an old joke about automation on airliners. The ideal team is a pilot and a dog. The pilot’s job is to feed the dog. The dog’s job is to bite the pilot if the pilot tries to touch anything. While we may still be some way away from this scenario in the world of aviation, in some domains we’re already there.