Conclusion Quote by Warren Buffett
“What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.”
About This Quote
Source Speech: Annual Shareholder Meeting, Warren Buffett, 2008
People tend to filter new data to fit existing beliefs, preserving their prior conclusions.
In simple terms: People interpret new info to keep old ideas.
Beware confirmation bias.
Themes
Mood
Type
When to use this quote
- investing
- reading news
- personal relationships
Key Concepts
Questions to Reflect On
- How do you test your assumptions?
- What evidence challenges your beliefs?
It can hinder learning and adaptation.