A Biased Explanation of Foxes and Hedgehogs
How Foxes Think
Multidisciplinary: Incorporate ideas from different disciplines and regardless of their origin on the political spectrum.
Adaptable: Find a new approach—or pursue multiple approaches at the same time—if they aren’t sure the original one is working.
Self-critical: Sometimes willing (if rarely happy) to acknowledge mistakes in their predictions and accept the blame for them.
Tolerant of complexity: See the universe as complicated, perhaps to the point of many fundamental problems being irresolvable or inherently unpredictable.
Cautious: Express their predictions in probabilistic terms and qualify their opinions.
Empirical: Rely more on observation than theory.
Foxes are better forecasters.
How Hedgehogs Think
Specialized: Often have spent the bulk of their careers on one or two great problems. May view the opinions of “outsiders” skeptically.
Stalwart: Stick to the same “all-in” approach—new data is used to refine the original model.
Stubborn: Mistakes are blamed on bad luck or on idiosyncratic circumstances—a good model had a bad day.
Order-seeking: Expect that the world will be found to abide by relatively simple governing relationships once the signal is identified through the noise.
Confident: Rarely hedge their predictions and are reluctant to change them.
Ideological: Expect that solutions to many day-to-day problems are manifestations of some grander theory or struggle.
Hedgehogs are weaker forecasters.
Notes:
Nate Silver provides a very negative portrayal of those who think like hedgehogs, settling down in one field of expertise, compared to those who think like foxes, darting from field to field.
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