PLEASE NOTE: This episode is part of the discontinued Sow What Podcast. We are now the Honey Badger Seller (www.honeybadgerseller.com).
From the book "How I Lost $1 Million" by Brendan Moynahan:
“Philosopher-novelist Ayn Rand was asked one time in a radio interview whether she thought gun-control laws violated the Second Amendment right to bear arms. ‘I don’t know,’ she responded, ‘I haven’t thought about it.’ And she said it in a manner as though it was the most natural thing in the world not to have an answer or opinion.
Now here is one of the towering geniuses of the twentieth century and the architect of an entire philosophical system saying, ‘I don’t know.’ Contrast her approach to that of most people who have prepackaged intellectual positions, views, opinions, and answers on almost every topic, gathered from television, newspapers, newsletters, and conversations. Similar to inserting a cassette into a cassette player, they insert the packaged opinions into their minds and hit the playback button whenever they are asked a question.
Some people don’t even wait to be asked; they offer their regurgitated two cents’ worth on every topic they happen upon in conversation. This is particularly true for people’s opinions about the markets.”