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Date Posted: 20:26:48 1/27/23 Fri
Author: Jasper
Subject: New Charles Smith

.
Much of what passes for "informed commentary" now is nothing more than True Believers cherry-picking whatever supports their orthodoxy. In this mindset, what's important is that everyone agrees with the orthodoxy. Public fealty to the orthodoxy is all that matters.

In this climate, projecting an outcome that doesn't fit an orthodoxy is heresy and must be suppressed.

I don't see any value in trying to persuade others to agree with me. The analysis goes where it goes, and it doesn't really matter if we like the conclusion or not.

What matters is one forecast will be accurate and the rest will be wrong. If 99.99% of the populace doesn't like the accurate forecast, that doesn't change the outcome.

If the analysis is sound, then the forecast is sound, and it won't change if it offends our sensibilities.

In other words, an emotionally detached analytic view is more likely to generate accurate forecasts than defending orthodoxies.

Put another way, accurate forecasts don't arise from popularity contests.


https://www.oftwominds.com/blog.html#jump

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