Winning Arguments vs. Winning in Life

You do not want to win an argument. You want to win.

– Nassim Nicholas Taleb (Best-selling Author, Former Options Trader, and Risk Analyst)

[From his book – Skin in the Game]

Reason #1: The Identity Leak

I think creating identities and labels locks you in and keeps you from seeing the truth. 

“To be honest, speak without identity.”

I used to identify as libertarian, but then I would find myself defending positions I hadn’t really thought through because they’re a part of the libertarian canon. If all your beliefs line up into neat little bundles, you should be highly suspicious.

I don’t like to self-identify on almost any level anymore, which keeps me from having too many of these so-called stable beliefs.

– Naval Ravikant (Founder of AngelList)

[Book – The Almanack of Naval Ravikant, by Eric Jorgenson]

Groups vs. Individuals

Individuals search for truth but groups search for consensus.

– Naval Ravikant

[From his blogpost – Groups Search for Consensus, Individuals Search for Truth]

How to Overcome an Identity Leak?

Always make a model. Don’t talk about it… Show what it is that you’re doing. Don’t say the kind of article you want to write, write the article, show me the article. Then, we talk about the article.

What’s great about that is it takes it out of the personal, you know, if you have an idea, it’s your idea. And then we could argue about your idea and that’s personal. Once it’s on paper, it’s outside of you. And it’s this thing that we’re collaborating on together to make it be the best it could be. We’re not talking about your idea. Now we’re talking about: Is this sentence the best sentence it could be? That’s not a slight against you. That’s we’re working together to make this sentence the best it could be.

Reason #2: The Ego Leak

One definition of a moment of suffering is “the moment when you see things exactly the way they are.” This whole time, you’ve been convinced your business is doing great, and really, you’ve ignored the signs it’s not doing well. Then, your business fails, and you suffer because you’ve been putting off reality. You’ve been hiding it from yourself.

The good news is, the moment of suffering—when you’re in pain—is a moment of truth. It is a moment where you’re forced to embrace reality the way it actually is. Then, you can make meaningful change and progress. You can only make progress when you’re starting with the truth. 

The hard thing is seeing the truth. To see the truth, you have to get your ego out of the way because your ego doesn’t want to face the truth. The smaller you can make your ego, the less conditioned you can make your reactions, the less desires you can have about the outcome you want, the easier it will be to see the reality. 

“What we wish to be true clouds our perception of what is true. Suffering is the moment when we can no longer deny reality.”

– Naval Ravikant

[Book – The Almanack of Naval Ravikant, by Eric Jorgenson]

How to make real progress

How to Overcome the Ego Leak

Our egos are constructed in our formative years—our first two decades. They get constructed by our environment, our parents, society. Then, we spend the rest of our life trying to make our ego happy. We interpret anything new through our ego: “How do I change the external world to make it more how I would like it to be?”

– Naval Ravikant

[Book – The Almanack of Naval Ravikant, by Eric Jorgenson]

1. Reduce your overall ego

The unexamined life is not worth living.

– Socrates

2. Keep your ego from entering the discussion

Reason #3: The Instant-Gratification Leak

Instant Gratification Leak

How to Overcome the Instant-Gratification Leak

[A] decision-making heuristic that I use is: If you have two choices to make, such as 

If you have two choices, and they’re relatively equal choices (it looks 50-50 to you) and you can’t decide, take the path that is more difficult and more painful in the short-term. Because what’s actually going on is: One of these paths requires short-term pain, and the other one maybe requires pain further out in the future. And what your brain is doing (through conflict avoidance) is it’s trying to push off the short-term pain. And by definition, if the two are even (50-50) and one has short-term pain, that means it has long-term gain. And by the law of compound interest, the long-term gain is where you want to go towards anyway.

So, your brain is overvaluing the side that has the short-term happiness, and it’s trying to avoid the one with short-term pain. So, you have to cancel that tendency out (and it’s a powerful subconscious tendency) by leaning into the pain.

As most of you know, most of the gains in life come from suffering in the short-term, so you can get paid in the long-term. Working out (for me) is not fun. I suffer in the short-term. I feel that pain, but then in the long-term, I’m better off because I have muscles or I’m healthier. In the same way, if I am reading a book and I’m getting confused — like I can’t understand what’s going on — that’s just like working out and the muscle getting sore, but [now] is my brain being overwhelmed. But in the long run I’m getting smarter, because I’m absorbing new concepts at the edge of my capability.

So, you generally want to lean into things that have short-term pain, but have long-term gain. My trainer, Jerzy Gregorek (also known as the creator of The Happy Body) has a beautiful short saying where he says: “Hard choices, easy life. Easy choices, hard life.” So, what he means by that is: 

Reason #4: The Consistency Leak

“To myself I am only a child playing on the beach, while vast oceans of truth lie undiscovered before me.”

– Isaac Newton

“I was born not knowing and have had only a little time to change that here and there.”

– Richard Feynman

“Every sentence I utter must be understood not as an affirmation, but as a question.”

– Niels Bohr

“You should take the approach that you’re wrong. Your goal is to be less wrong.”

– Elon Musk

Successful Person vs. Permanent Loser

How to Overcome the Consistency Leak?

Disconfirming Evidence

One author from antiquity who provides us evidence of such thinking is the garrulous Cicero. He preferred to be guided by probability than allege with certainty—very handy, some said, because it allowed him to contradict himself. This may be a reason for us, who have learned from Popper how to remain self-critical, to respect him more, as he did not hew stubbornly to an opinion for the mere fact that he had voiced it in the past. Indeed your average literature professor would fault him for his contradictions and his change of mind.

– Nassim Nicholas Taleb

[From his book – Fooled by Randomness]

The first one is to listen to our stomachs. Stomach signs display themselves when we realize that the request being pushed is something we don’t want to do.

He [Robert Cialdini] recalls a time when a beautiful young woman tried to sell him a membership he most certainly did not need. He writes:

“I remember quite well feeling my stomach tighten as I stammered my agreement. It was a clear call to my brain, “Hey, you’re being taken here!” But I couldn’t see a way out. I had been cornered by my own words. To decline her offer at that point would have meant facing a pair of distasteful alternatives: If I tried to back out by protesting that I was not actually the man-about-town I had claimed to be during the interview, I would come off a liar; trying to refuse without that protest would make me come off a fool for not wanting to save $1,200. I bought the entertainment package, even though I knew I had been set up. The need to be consistent with what I had already said snared me.”

But then eventually he came up with the perfect counter-attack for later episodes, which allowed him to get out of the situation gracefully:

“Whenever my stomach tells me I would be a sucker to comply with a request merely because doing so would be consistent with some prior commitment I was tricked into, I relay that message to the requester. I don’t try to deny the importance of consistency; I just point out the absurdity of foolish consistency. Whether, in response, the requester shrinks away guiltily or retreats in bewilderment, I am content. I have won; an exploiter has lost.”

The second approach concerns the signs that are felt within our heart and is best used when it is not really clear whether the initial commitment was wrongheaded.

Imagine you have recognized that your initial assumptions about a particular deal were not correct. Here it helps to ask one simple question:

“Knowing what I know, if I could go back in time, would I make the same commitment?”

Ask it frequently enough and the answer might surprise you.

Reason #5: The Status Leak

Any year that passes in which you don’t destroy one of your best-loved ideas is a wasted year.

– Charlie Munger (Ex-Vice Chairman of Berkshire Hathaway)

Modern times provide us with a depressing story. Self-contradiction is made culturally to be shameful, a matter that can prove disastrous in science. Marcel Proust’s novel In Search of Time Lost features a semiretired diplomat, Marquis de Norpois, who, like all diplomats before the advent of the fax machine, was a socialite who spent considerable time in salons. The narrator of the novel sees Monsieur de Norpois openly contradicting himself on some issue (some prewar rapprochement between France and Germany). When reminded of his previous position, Monsieur de Norpois did not seem to recall it. Proust reviles him:

“Monsieur de Norpois was not lying. He had just forgotten. One forgets rather quickly what one has not thought about with depth, what has been dictated to you by imitation, by the passions surrounding you. These change, and with them so do your memories. Even more than diplomats, politicians do not remember opinions they had at some point in their lives and their fibbings are more attributable to an excess of ambition than a lack of memory.”

Monsieur de Norpois is made to be ashamed of the fact that he expressed a different opinion. Proust did not consider that the diplomat might have changed his mind. We are supposed to be faithful to our opinions. One becomes a traitor otherwise.

Now I hold that Monsieur de Norpois should be a trader. One of the best traders I have ever encountered in my life, Nigel Babbage, has the remarkable attribute of being completely free of any path dependence in his beliefs. He exhibits absolutely no embarrassment buying a given currency on a pure impulse, when only hours ago he might have voiced a strong opinion as to its future weakness. What changed his mind? He does not feel obligated to explain it. 

The public person most visibly endowed with such a trait is George Soros. One of his strengths is that he revises his opinion rather rapidly, without the slightest embarrassment. The following anecdote illustrates Soros’ ability to reverse his opinion in a flash. The French playboy trader Jean-Manuel Rozan discusses the following episode in his autobiography (disguised as a novel in order to avoid legal bills).The protagonist (Rozan) used to play tennis in the Hamptons on Long Island with Georgi Saulos, an “older man with a funny accent,” and sometimes engage in discussions about the market, not initially knowing how important and influential Saulos truly was. One weekend, Saulos exhibited in his discussion a large amount of bearishness, with a complicated series of arguments that the narrator could not follow. He was obviously short the market. A few days later, the market rallied violently, making record highs. The protagonist worried about Saulos, and asked him at their subsequent tennis encounter if he was hurt. “We made a killing,” Saulos said. “I changed my mind. We covered and went very long.” 

It was this very trait that, a few years later, affected Rozan negatively and almost cost him a career. Soros gave Rozan in the late 1980s $20 million to speculate with (a sizeable amount at the time), which allowed him to start a trading company (I was almost dragged into it). A few days later, as Soros was visiting Paris, they discussed markets over lunch. Rozan saw Soros becoming distant. He then completely pulled the money, offering no explanation. What characterizes real speculators like Soros from the rest is that their activities are devoid of path dependence. They are totally free from their past actions. Every day is a clean slate.

How to Overcome the Status Leak?

An expectation is not an obligation

You have no responsibility to live up to what other people think you ought to accomplish. I have no responsibility to be like they expect me to be. It’s their mistake, not my failing.

– Richard Feynman (Theoretical Physicist)

Courage isn’t charging into a machine gun nest.
Courage is not caring what other people think.

– Naval Ravikant

[Book – The Almanack of Naval Ravikant, by Eric Jorgenson]

A foolish consistency is the hobgoblin of little minds, adored by little statesmen and philosophers and divines. With consistency a great soul has simply nothing to do. He may as well concern himself with his shadow on the wall. Speak what you think now in hard words, and to-morrow speak what to-morrow thinks in hard words again, though it contradict every thing you said to-day. — ‘Ah, so you shall be sure to be misunderstood.’ — Is it so bad, then, to be misunderstood? Pythagoras was misunderstood, and Socrates, and Jesus, and Luther, and Copernicus, and Galileo, and Newton, and every pure and wise spirit that ever took flesh. To be great is to be misunderstood.

Summary Guide: How to Go From Winning Arguments to Winning in Life

If You Liked This Essay, Check Out These Sources