When to trust your #intuition, when not to?
Before we look at the answer, let's look at what Intuition is...
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Before we look at the answer, let's look at what Intuition is...
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#Intuition, is not an occult gift. It is a skill...a skill of recognising patterns. When you're cycling, you get an feeling that if you do not tilt your handle by 7 degrees, you're going to fall - Intuition is just expanded version of that feeling.
If Intuition is a skill, it must have characteristics of skill:
1) A skill is developed through a nested loop of [(trial n error) +(quick feedback) + (tinkering or course correction). I have illustrated this earlier through this Tweet...
1) A skill is developed through a nested loop of [(trial n error) +(quick feedback) + (tinkering or course correction). I have illustrated this earlier through this Tweet...
2) While, talent plays its role, a skill can be developed at least to its potential (Being the best version of yourself!)
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#Intuition works exactly like this:
Our brain is a pattern recognition machine. It is making patterns all the time, drawing linkages, constantly learning from all successes & failures of events that we have lived through and seen the consequences.
Our brain is a pattern recognition machine. It is making patterns all the time, drawing linkages, constantly learning from all successes & failures of events that we have lived through and seen the consequences.
When we encounter a novel situation, the upper regions of the brain deals with it, spends a lot of energy in deciphering the code. With repeated exposure to similar situations, the code is cracked, pattern is formed and it is stored in the nether regions of the brain.
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Consider this as a Project leader delegating the routine work to the junior staff, while the leader diverts her attention to new assignments. The lower region of the brain (the lizard brain), spend a lot less energy....
...(like the junior staff drawing a lot less salary, working on mundane tasks). It sees a pattern & works on it without troubling the upper region (the Project Leader).
An experienced soldier, gets an intuition about incoming shelling and looks for cover; an experienced...
An experienced soldier, gets an intuition about incoming shelling and looks for cover; an experienced...
trader develops intuition on market conditions and knows, when to go whole hog and when to go on hibernation; and experienced driver can tell something's wrong with his truck by the sound it makes during ignition etc
Now, I come to the moot point....
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Now, I come to the moot point....
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When to trust your Intuition, when not to?
Intuition can be trusted only in the presence of regularities of the stimuli; only if you have encountered the stimuli enough number of times. You don't trust your intuitions, when you are dealing with novelty.
Intuition can be trusted only in the presence of regularities of the stimuli; only if you have encountered the stimuli enough number of times. You don't trust your intuitions, when you are dealing with novelty.
Trust the intuitions:
of a seasoned investor over a newbie
of a body guard who carries scars
in dealing with people in your native place, not in a foreign country
of an imminent anger spell or silent treatment from your wife.
of a seasoned investor over a newbie
of a body guard who carries scars
in dealing with people in your native place, not in a foreign country
of an imminent anger spell or silent treatment from your wife.
Key Message: Trust your #intuitions when you are dealing with situations, you have dealt with umpteen times!
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