- Apply pragmatism to emotive issues
- Position management over thematic investing
Second-order thinking is depressingly absent from public discourse in the social media era. When being seen to be on the ‘right’ side conveys instant approval and status, why bother (or should that be dare?) to take a social risk and stray from the crowd?
With emotive yet complex issues this is problematic. Man-made climate change is a theory supported by vast evidence and, on the balance of probabilities, a threat too great to ignore. Yet solutions require careful thinking.