Holmes on the Brain – "A Study in Scarlet"

“I consider that a man’s brain originally is like a little empty attic, and you have to stock it with such furniture as you choose. A fool takes in all the lumber of every sort that he comes across, so that the knowledge which might be useful to him gets crowded out, or at best is jumbled up with a lot of other things so that he has a difficulty in laying his hands upon it. Now the skillful workman is very careful indeed as to what he takes into his brain-attic. He will have nothing but the tools which may help him in doing his work, but of these he has a large assortment, and all in the most perfect order. It is a mistake to think that that little room has elastic walls and can distend to any extent. Depend upon it there comes a time when for every addition of knowledge you forget something that you knew before. It is of the highest importance, therefore, not to have useless facts elbowing out the useful ones.”

– Sherlock Holmes


Sherlock Holmes & Thought Improvement

I just came across Peter Bevelin’s new book “A Few Lessons From Sherlock Holmes” and Farnam Street post on the book. I’d rather point out these links than trying to outsmart incredibly intelligent people. Though I shall recommend you Sherlock Holmes complete collection for 88 cents.

Darwin’s Mind: The Evolutionary Foundations of Heuristics and Biases (James Montier)

In this old (2002) article, Montier discusses our minds’ tricks. It suggests mistakes we make have four common causes, namely:

(i) Self-deception: makes us believe we are better than average. The thing is that we lie to ourselves! It’s common to ask to a group “Do you guys think yourselves are a better than average investor?” and get 80% of positive answers. Naturally this number isn’t feasible. Framing is also important. Quoting Montier, “We find it incredibly hard to see through the way in which information is presented to us. The brain is effectively modular, if a problem is presented to us in a family fashion we can solve it, but in another guise we fall flat on our faces.”

(ii) Simplification: our brain is composed by system one (intuitive, emotional, dreamier, right side of the brain) and system two (reflective, analytical, logical, left side of the brain). Tasks may perhaps start out as the subject of system two but when they become familiar, they are processed in system one. The trick here is try to be more analytical, i.e., use our system two way more than system one.

(iii) Emotion/Affect: emotions are important to our survival. Sentiments like fear are key to living longer, i.e., taking less risks. Hence we have become evolutionarily tuned to listen to our system one (intuitive) responses. Naturally this leads to a couple errors in day to day analytical tasks. Watch out so you do not deceive yourself.

(iv) Social Interaction: information serves to transmit information vertically and horizontally in the social group. Also, social learning is much faster than natural selection. Once we have speech and imitation skills, the possible role of a second replicator emerges as a major evolutionary force. Remember group think is something to avoid.

Think critically and debias yourself!