Cognitive bias

Inconsistency-avoidance tendency

Also known as: Resistance to change
Fairly common#83 of 131 by how common ← All cognitive biases
Munger #5

What it is

Munger's term for the mind's reluctance to change, which keeps old conclusions, habits and identities in place even when they should change.

Example Defending an old forecast long after the facts changed.

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Appears in

References

More in “The self: ego, emotion and motivated belief”