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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.” quote by Warren Buffett
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“What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.”

Warren Buffett

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.

Key Takeaway

Beware confirmation bias.

Themes

cognition bias decisionmaking

Mood

reflective critical

Type

philosophical advisory

When to use this quote

  • investing
  • reading news
  • personal relationships

Key Concepts

confirmation bias cognitive dissonance

Questions to Reflect On

  • How do you test your assumptions?
  • What evidence challenges your beliefs?
A Different Perspective

It can hinder learning and adaptation.

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