Sunday, August 17, 2014  

[The Art of Thinking Clearly...]

I read a very interesting book recently. It's titled "The Art of Thinking Clearly". It's a collection of short chapters that illustrates common thinking errors. The book has its share of people who love it and people who hate it. To each his own.

I won't go into the thinking errors raised by the author. But a simple flip through of the Sunday papers and I spotted two of them straight off the bat. I would not have spotted or analysed these articles in the following manner before I read the book.


Why should we take financial advice, or follow the financial habits of an actor? Is he qualified?


This is a bit more interesting. This reporter is claiming that the PAssion Card is driving the growth of the debit card sector in Singapore. However, what she failed to mention was that recently, there was a major push by all the banks in Singapore to replace the ATM cards of their customers. From the traditional ATM/NETS cards to debit cards, which also comes with ATM and NETS functionality. So really, is the PAssion Card driving the debit card sector? Or is false causality at work here?

^^^ by Locksley @ 12:12 PM. 0 comments.
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