Alec Hogg: Dunning-Kruger Effect

I was reminded yesterday of the reason why there is so much dumb commentary around the Covid pandemic. There can be little doubt that many who express themselves publicly – via social and even traditional media – are afflicted by the Dunning-Kruger Effect (see above). This syndrome occurs when a person's ignorance in a certain area causes them to over-estimate their competence and skill in that field. And then, as grandma said, empty vessels make the most noise. So for the sake of your sanity, best ignore them and work, instead, on seeking out those who have something valuable to contribute. Here's a measure worth applying: think of Socrates, who urged us to start from the basis that wisdom begins when you admit "I know nothing." Inverted, be deeply suspicious of those who "know"..Also read: Alec Hogg: Critical Race Theory under heavy attack.* Inimitable former Oxford Don RW Johnson has applied his considerable mind to the question of what, in moments of self-reflection, ANC leaders really think about the mess they have visited upon SA. It's on Politicsweb this morning. Click here..___STEADY_PAYWALL___.* Magnus Heystek is another who never shirks from the truth. His assessment of what has happened to the value of the middle class's primary asset – the home – is quite a wakeup call. It's on BizNews this morning. Click here..Also read: Alec Hogg: The downside of hypocrisy.* And the lead story from our partners at The Wall Street Journal notes it's Round One to Facebook as a Federal Judge last night dismissed a raft of anti-trust lawsuits filed by the Democratic Party-run government. The case brought in 46 states was dismissed in its entirety. Click here..Unfortunately Facebook is no longer in the BizNews Share portfolio, but the rest of the holdings continue to deliver excellent returns. It's the monthly update at noon today – exclusively for BizNews Premium subscribers. Join me by registering here: https://attendee.gotowebinar.com/rt/3785234117773097230.

Alec Hogg: Dunning-Kruger Effect

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