using human intuition is a bad guide to handling risk. Agree or disagree
using human intuition is a bad guide to handling risk. Agree or disagree aBJXd
It is sometimes argued that depending on inner instinct is an ineffective way to deal with difficulties. From my perspective, I totally agree with this statement for the following reasons.
My first reason is about poor decisions which are made by using human intuition. Specifically, investors are likely to rely on their first impression when making decisions. In a property sale, for example, the asking price quoted by the seller tends to become accepted by all parties as the price around which negotiations take place, despite the fact that this figure is more likely at best simply inaccurate or at worst completely dishonest.
Another point is that investors lose money as a result of not admitting their mistakes and regularly put too much emphasis on what they have seen or experienced rather than hard facts. One typical example is someone buying an overvalued share because a relative of theirs has made thousands on it.
Most importantly, inner instinct not only results in wasting time but also negatively impacts people's perception of the future. For instance, some stock market investors trade far too frequently because the returns on the shares they wish they had purchased earlier are running out. Furthermore, on the other hand, human intuition also affects governments, particularly, facing a whole range of conflicting political pressures.
In conclusion, I strongly believe that handling challenges by reliance on human intuition is considered an imperfect way. Inner instinct is not only bad in decision-making in business but also in real life.
It is
sometimes
argued that depending on inner instinct is an ineffective way to deal with difficulties. From my perspective, I
totally
agree
with this statement for the following reasons.
My
first
reason is about poor decisions which
are made
by using human intuition.
Specifically
, investors are likely to rely on their
first
impression when making decisions. In a property sale,
for example
, the asking price quoted by the seller tends to become
accepted
by all parties as the price around which negotiations take place, despite the fact that this figure is more likely at best
simply
inaccurate or at worst completely dishonest.
Another point is that investors lose money
as a result
of not admitting their mistakes and
regularly
put too much emphasis on what they have
seen
or experienced
rather
than
hard
facts. One typical example is someone buying an overvalued share
because
a relative of theirs has made thousands on it.
Most
importantly
, inner instinct not
only
results in wasting time
but
also
negatively
impacts
people
's perception of the future.
For instance
,
some
stock market investors trade far too
frequently
because
the returns on the shares they wish they had
purchased
earlier are running out.
Furthermore
,
on the other hand
, human intuition
also
affects
governments
,
particularly
, facing a whole range of conflicting political pressures.
In conclusion
, I
strongly
believe that handling challenges by reliance on human intuition
is considered
an imperfect way. Inner instinct is not
only
bad
in decision-making in business
but
also
in real life.
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