Most of these noises are plain shilling or so-called "snake oiling" - disguised by beautiful words.
Voices are few and valuable.
Filtering noises
We can save ourselves time, energy, and at times money, if we can quickly differentiate between noises and voices; listening to what confer value while ignoring those that do not.
The skill is developed by encountering countless shilling or "snake oiling" (hopefully not falling prey to) and realizing their obscure objectives sung in somewhat similar tune. Their tunes are always one-sided and highly biased. Value propositions may not be well-backed by data. They use words that sound exaggerative.
We will know we finally "got it" when we find ourselves debating or refuting these crap shills and not blindly internalizing them as "truths".
As my general rule of thumb, anything that are voicing opinions ought to be taken with a pinch of salt unless you are sure of the speaker's credibility. We won't want to follow opinions into the abattoir.
When we gross over facts, we will naturally form opinions. Our opinions are shaped by our experiences, expertise or beliefs.
How about forming opinions on opinions?
To do that, we need to either enhance our personal experience in the topic of concern (try and we know), improve on our knowledge in the topic (expertise) and reform our beliefs. Then challenge the opinions instead of letting them trap our thinking.
There is, however, a tricky subset of noises.
They come from the people who are close to us and it is something dangerous.
We tend to let people who are close to us ingrain their beliefs more easily and sometimes subtly unto us. What might otherwise sound absurd from a stranger might sound logical or correct, perhaps, by pulling on our heartstrings.
Read for Ideas not Opinions
Dismiss what you don't understand as noise?
It is a funny phenomenon - to simply dismiss what you don't understand as noise. This has happened many times to me.
How I regretted missing value and opportunities because of that!
If we only stick to things that we can easily understand and not move beyond our comfort zones, we will not be able to progress.
You are your own noise sometimes
Noises in our heads.
Our brains tend to generate fear, uncertainty, doubt (FUD) on negative news. These FUD can become overwhelming noises that impede our ability to make rational decisions.
We might also be paralyzed when we over-analyzed because of too much noises.
On the contrary, when we have fear of missing out (FOMO), when we hear everyone talking about how fantastic somethings is - we just want to jump right in.
The crux is - if you are one of the last to hear the "good news", profits to be made are probably already gone. Who would want to share free lunches of limited supply with others? You might just end up washing the dishes instead of getting a free lunch.
The most powerful voice
It is none other than your own. We have to learn how to conjure our own voice - loud and clear in our head.
Then silent out the noises.
 |
| Photo by Sammy Williams on Unsplash |
Get fantastic sign up rewards for SAXO, Moomoo, Gemini, Celsius, Blockfi and more here.
Comments
Post a Comment