7 Expert Opinions That Most People Don’t Agree With

<p>Recently, I wrote a defense of the uncontroversial-within-cognitive-science-but-widely-disbelieved idea that&nbsp;<a href="https://www.scotthyoung.com/blog/2023/07/25/the-mind-is-a-computer/" rel="noopener ugc nofollow" target="_blank">the mind is a computer</a>.</p> <p>That post got me thinking about other ideas that are broadly accepted amongst the expert communities that study them, but not among the general population.</p> <p>I agreed with some of the following ideas before I read much about them; for these, the expert consensus reinforced my prior worldview. But for most, I had to be persuaded. Many ideas are genuinely surprising, and one needs to be confronted with a lot of evidence before changing their mind about it.</p> <h1>1. Markets Are Mostly Efficient. Most People, Most of the Time, Cannot &ldquo;Beat&rdquo; the Market</h1> <p>The&nbsp;<a href="https://en.wikipedia.org/wiki/Efficient-market_hypothesis" rel="noopener ugc nofollow" target="_blank">efficient market hypothesis</a>&nbsp;argues that the price of widely-traded securities, like stocks, reflects an aggregation of all available information about them. This means investors can&rsquo;t spot &ldquo;deals&rdquo; or &ldquo;overpriced&rdquo; assets and use that knowledge to outperform the average market return (without taking on more risk).</p> <p><a href="https://medium.com/better-humans/7-expert-opinions-that-most-people-dont-agree-with-eca60003e47f"><strong>Read More</strong></a></p>