The topic of the original posted screenshot is about inter-generational financial advice. I’m pointing out the need for intellectual humility when talking to a younger generation, by identifying a specific cognitive bias that tends to trip people up. And because this particular bias forms through experience, it tends to apply more to people with longer experience (that is, people who are older).
I thought my original comment wasn’t judgmental, and didn’t even purport to claim that all (or most) old people actually fall victim to the bias, to where they’re acting upon that bias. I’m just pointing out that it’s something to look out for, and to keep in mind, if you’re ever in the position to be giving younger generations financial advice.
Coming in here and trying to defend old people against an imagined attack is, frankly, off topic and not particularly helpful.
The topic of the original posted screenshot is about inter-generational financial advice. I’m pointing out the need for intellectual humility when talking to a younger generation, by identifying a specific cognitive bias that tends to trip people up. And because this particular bias forms through experience, it tends to apply more to people with longer experience (that is, people who are older).
I thought my original comment wasn’t judgmental, and didn’t even purport to claim that all (or most) old people actually fall victim to the bias, to where they’re acting upon that bias. I’m just pointing out that it’s something to look out for, and to keep in mind, if you’re ever in the position to be giving younger generations financial advice.
Coming in here and trying to defend old people against an imagined attack is, frankly, off topic and not particularly helpful.