Showing posts with label Prejudice. Show all posts
Showing posts with label Prejudice. Show all posts

Wednesday, January 27, 2021

Off to Work

A foundational principle of Capitalism is that money can work. To turn ideas into reality, you need capital and containers. One form of container is Public Equity. An idea is turned into a legal person called a company. That company can make agreements. Which means “it” can make and sell stuff. If it is public equity, it means slices of ownership are sold on a stock market. This means you can put your money to work in any publicly listed company (if you find the price acceptable). Money carries less baggage than people. It does not have to deal with sexism, homophobia, racism, or xenophobia. For the most part, if the container (country) you were born in lets you move your money around the world, you can put it to work anywhere (without a job interview and someone projecting their insecurities onto you in a selection process). Capital is much more yogic than people. Yoga is the idea that everything is connected. It is people that we force into prefabricated ideas about what they can and cannot do. It is people’s worth we struggle to see. With money, what you do is much more important than any prejudices.



Wednesday, November 04, 2020

Categorising People

I work hard at catching myself when I am straying outside of what Warren Buffett calls my “Circle of Competence”. I am not an essentialist. You cannot gather data points on people and classify them into fundamentally impressive or not good enough. An occupational hazard of being a fundamental investor is that you do not actually do any of the work in the companies you claim success or failure on. Like South Africans (in general) did not run the 400m in 43.03 seconds or launch a private rocket. (“But! I protest! We ARE connected to Wayde and Elon’s essence!”) The “Halo effect” is when someone who is good at one thing, is assumed to be good at another. An investor can study a business, and get the impression they know how to run that business. There are some things you only learn with dirty hands. As we gain competence in some areas, we can lose basic competence in others. If we all acknowledged this, maybe it would be easier to engage in lifelong learning. Where everyone we meet is someone we can learn from. We are all mostly incompetent, which is why false confidence sells. Do not buy it. 



Thursday, October 01, 2020

Point of Focus

Some of our waves of money anxiety are memories. Both of our own experiences and those of the bubble we are born into and raised in. These thoughts that push our decisions in various directions may not even be things we are aware of. The Yoga Sutras call memory waves Smriti, and they can be mighty obstacles. Smriti are not all negative. Some generational strengths get hidden beneath dirt, waiting to be rediscovered and polished. Beneath both the positive and negative lies the permanent. The point of focus that lets us unravel all the randomness, complexity, and ambiguity. Becoming aware of our subconscious, conscious and dreams and building a daily practice around that point.


Building a Practice

“Restraining of thought waves means analysing your thoughts constantly, it does not mean suppression of thoughts.” Swami Durgananda (commentary on “Yoga Sutras of Patanjali”). Financial Waves can’t simply be ignored. If you don’t learn to control money, it can control you. Through study and patient reflection, you can develop a system that works for you. Letting go of distortions, delusions, and obstacles. Finding a way to go deeper into problems and resolving them. Rather than letting unhelpful money anxiety become the driving force in our lives. Whether the problem is misunderstanding, accepting false perceptions of others, or deep soaked prejudice from the way the world is temporarily (but doesn’t need to be). Build a practice to concentrate on what matters.

Step by Step


Wednesday, August 19, 2020

Sustainable Relationships

When organisations and groups are small, it is possible for the people in charge to understand the dynamics and treat everyone as individuals. The key person can have lunch with every new joiner. They may even have a role in picking all of them. Work with all of them at times. Know their names. Understand the complexity of their story. In small groups, each combination of members has its own character. Each combination of two. Each combination of three. Four. Five. When it is relatively small, you don’t need prejudice. You don’t need roles. You don’t need grades. You don’t need standardised controls and comparisons. As soon as an organisation gets beyond a certain fuzzy size, it needs to turn into an institution. Every decision becomes precedent setting. You need to be able to articulate reasons, cause, effect, and attribute value add to ensure fairness. A friend of mine regularly tells his kids, “If life was fair, you would be far worse off”. There are benefits to scale, but there is danger in turning people into numbers. Dunbar’s Number is a theoretical limit to the number of people with whom an individual can sustain meaningful social relationships. It is usually considered somewhere around 150. Who are the 150 people you understand reasonably well as individuals?



Monday, August 17, 2020

Get Out

In a knowledge economy, the key asset is the people. There is no real intellectual property (IP), because people aren’t allowed to be property. They get to leave if they want to. There can be the illusion of IP with processes and stories that people buy into. There can be a tipping point of people that other people rely on. Internal groups might not leave, unless they leave together. It makes sense that lots of companies will therefore operate on the basis of a club mentality, where loyalty is more important than real merit. There are strong barriers to us unwinding privilege and prejudice because to do that properly, you have to invest in people who might not stay. Closed communities aren’t interested in individual meritocracy. They want the community to do well, irrespective of the community’s merit. In the same way as we personally want to do as well as we can. We don’t refer potential opportunities away from ourselves and towards people we think are better than us. The real way to reduce privilege is to reduce barriers to entry, and barriers to exit. Make it easier for people on the inside to get out, and people on the outside to get in.


Wednesday, July 29, 2020

Making your Jam

I buy many of the stronger arguments about eating less meat, and so am slowly changing my habits. I also buy the argument that we have a quota of self-discipline. There are no brownie points for martyrs and ideologues. Actions are what matter, so deep pragmatism is the most effective path. By definition. My approach has been to gently expand my vocabulary (the foods my tongue recognises) and sentences (the foods I can cook). Addition is the best form of breaking of control. If I look forward to vegetarian dishes, I don’t feel hard done by, by the missing meat. I now love making soup and jams… and experimenting. My meat consumption has gone down. Similarly, I think the way to unwind our identity problems (Nations, Companies, Prejudice) is competition. Start seeing yourself in more places till those places become a part of you. We are a collection of our habits, and our habits build from the words and sentences we attach meaning to and build meaning from.




Monday, July 27, 2020

Making Sense


Prejudice isn’t something you can just let go of, any more than you can suddenly decide to speak a foreign language. We only take in a small fraction of the information around us. The rest is incomprehensible, meaningless, noise if we are even aware of it. The reason we use categories is to gradually make sense of things. It is how we learn. Josh Waitzkin (author of “The Art of Learning”) describes this as “Numbers to leave Numbers, Form to leave Form”. In both chess and martial arts, he created a structure to add meaning, then embodied that knowledge to the point it wasn’t conscious anymore. Prejudice isn’t simply whether we like something or not. It is a way we soak in the chaos of the world till we feel we start to make sense of it. Free Will and Understanding is possible. It is just hard. It requires slowing everything right down and rewiring the way you see, hear, feel, and connect. We will always be prejudiced. The best we can do is build a feedback loop to unlearn and relearn.



Wednesday, July 08, 2020

Occupé


Complexity is hard to deal with. So we ask easier questions. We model reality with stories and characters. We come up with simplifying numbers to make choices. Everything we think and say is based on assumptions. Under each assumption is another assumption. Till you get to axioms. Statements we regard as accepted or self-evidently true. If we don’t agree on those, it gets progressively harder to agree on the simplified versions higher up the house of cards. I am attempting to burst my English bubble. It’s hard. I love writing, listening and talking. But it is almost all in English. Other languages offer slight twists of perspective. Take the word “Busy”. To me that’s the root. French is occupé. That feels more insidious. Like an occupied country during war time. It’s more like a thesaurus than another language. There is some common ground. But I am still just at the stage where I hear a string of unintelligible, but very sexy, sound when I hear French. I still need to do the deep work to be able to connect. To train my ear. Train my tongue. Train the way I see the world. That feels like rewiring who I am. Just like unwinding prejudice.



Friday, June 26, 2020

Arriving in France


“If you want to learn a language, you have to give it life”, explains Gabriel Wyner of Fluent Forever. When I was playing poker, my friends and I would have endless analogies of life situations and starting hands. We called Ace-King, Anna Kournikova (looks good, never wins). I am more convinced that both Wealth Creation and Prejudice are like languages. You can’t just dive into a conversation about Money or Race in the same way as you can’t just land in France and speak French. You have to build up a vocabulary. To do that, you have to train your mouth to say the words. To do that, you have to train your ear to hear the words. Everything we hear, see, say, and think is deeply connected. So deeply, we aren’t even conscious of why we think what we think. Even though we are good at adding defences or explanations to justify. Giving life is a slow process of paying attention, absorbing, and gradually reconstructing your reality in a richer way. That starts by relaxing your automatic responses. Noting them, but letting them pass. Creating space to explore rather than debate. Space to give life.


First trip to France (1999)

Monday, June 15, 2020

Longue Durée


I still consider myself monolingual even though I have a childlike grasp of a few other languages. I believe you learn languages through embodiment. For the last few months, I have been following the Fluent Forever method of training my ear, tongue, and facial muscles to do French. It is a physical process. Deep soaking. The reason History matters is that much of the way we respond to the world is deep soaked. We don’t just wake up and decide who to be. A new French word I have learnt is “longue durée”. Long Duration. Giving priority to long term historical structures over the short term time frame that is the domain of the chronicler or journalist. I can’t wake up and decide English isn’t my mother tongue. If you want to understand me, you need to get to know me. Personally. But I would be fooling no one if I said my history didn’t matter. If I want to change, that is where I am changing from.



Wednesday, June 10, 2020

Stuff the Stuff


Connecting lifestyles to scorecards of success is both incorrect and dangerous. Capital can live forever if treated well. It can sustainably generate real returns, and feed life, or it can be spent. 0-5% real growth each year adds up, even if it doesn’t seem as impressive as a new car, a bigger house, or a fancy holiday. “The Stuff” we judge each other by. The stuff we form our prejudices around. It also traps us in a lifestyle connected to the privilege, or lack thereof, we are born into. Privilege includes skills and talents, as well as the social capital and network we use to get an income. The dance between privilege, merit, income, and lifestyle, traps us in dated and formulaic wobbles out of sync with the music of the time. Traps us in racism, classism, nationalism and projected fears. Real Creativity needs space to breathe. That space can only come if we rewrite the rule book. Rewrite rules that have been soaked so deep, we don’t even know they are made up. Stuff the stuff, we make the rules.


Free to Dance

Thursday, November 21, 2019

Release Prejudice


In a simple world where you did what your parent of the same gender did for a living, your path was decided. Our paths are still decided partly because of a coordination problem. We don’t know the complete menu of options, different people face different obstacles, and our GPS giving the route (skills and knowledge required) is like the glitchy ones that said, “you have arrived at your destination” when you are in the middle of the highway. Race, gender, sexual preference and class are slowly becoming less foundational in deciding what menu you have. Nationality is a horribly persistent sorting mechanism in a world of Global Apartheid that prohibits free movement of people (while treating capital, goods and services more kindly). Part of the advantage of building an Engine of Capital is that prejudice falls away. Money is fungible. Meaning it can change form in a laugh-in-the-general-direction of identity politics way. You can treat it like an Avatar. Send it off to work on your behalf prejudice-free, with the widest menu possible.

Let your Capital loose


Tuesday, August 13, 2019

Illusory Superiority

Incentives matter. We do what we do for various reasons, but normally there is some sort of tangible reward on offer that we value. For this reason, I have always been a fan of the idea of meritocracy. That we should structurally reward excellence, because that will let resources flow to where they will be used best. I am losing my faith in meritocracy. The Dunning-Kruger effect is a cognitive bias where we have illusory superiority. Where people with substantial, measurable, defects in their knowledge lack the expertise to recognise that deficit. On the flip-side, as people become aware of just how complicated things are, the confidence they project tends to understate their relative competence. Meritocracy incentivises us to fake it till we make it. It incentivises superficial looks at our areas of ignorance. It places ego front and centre. We aren’t solving joint problems. We are performing. As a fundamental investor, I am bigger believer that in the long term it is what you actually do that matters. That requires real honesty.

A and B are the same colour

Monday, July 29, 2019

Attitude and Commitment


Everyone is fighting a battle you know nothing about. Be kind. Always.” This is also true of perceived wealth and perceived success. It is worth reflecting on the questions:

1. What opportunities and support have you received in your life?
2. How much have you accomplished?

We visibly see the answer to the second question. There are often shared ranking systems by which the community decides on someone’s success or impressiveness. Who is a big deal? Like being unaware of the fact that a car, clothing, or house were gifts, inherited or the Red Flags of mounting Debt. Both sides of the Balance Sheet count if you want to look at the important bits. Conspicuous is a trick. It is super easy to make a small fortune, if you start with a big one. The impressive bit isn’t the size… it’s what you do with it. Big may give you False Endurance. Big may give you False Resilience. The genuinely important bit is the Creativity. Creativity is driven by attitude and commitment. Showing up fully today. Showing up fully tomorrow. Don’t be fooled by the smoke and mirrors. Look deeper. See people. Always.

What a very Big Ben you have

Wednesday, January 23, 2019

New Games

Trev:
It sometimes feels like I am a passive bystander to the large events that are passing us by. I rouse myself to action, only to feel like it doesn't matter. In the meantime life goes on. Some of the happiest people I know just focus on the small things. I believe in the 80-20 rule for a lot of things. 80% of us are just trying to survive, but the stories we read are about the 20%. What most of us do is about looking after ourselves, and that is fine. Not feeling obliged to talk about everything allows you to create containers of calm. You don't have to talk about Politics. You don't have to talk about the difficult human dynamics at work. You don't have to focus on all the nasty things we do to each other. On all the pain.

The Narrator:
Focussing on his own stuff made Trev feel uncomfortable. He enjoyed feeling like he was making a contribution to the conversations and actions required to create the world he wanted to live in. For a few years, he had been writing a blog and actively engaging in Social Media. He had met some great people along the way. Other active participants like Graeme, Sindile, Mpiyakhe, Melusi and others made it worthwhile. People with clearly very different political views all desperately trying to raise the level of conversation. To find some sort of common ground in a world that seemed to be very shouty. Perhaps it was time to fictionalise the voices in his head. Get them talking.

Mark:
I don't bother. News is a waste of time. I don't ask anybody for anything, and I will sort myself out. I learned long ago that the best way to do something is by getting off your ass. The opportunities are there. Pick something off the menu instead of whining the whole time about what it is you want. The problem with most people is they look for excuses. There is always someone else to blame. Give me someone who takes responsibility over a whiner any day of the week. I certainly don't bother with Social Media conversations. No one listens anyway. It is mainly just a small group of the noisiest people looking for opportunities to get angry at each other. You never see people changing their mind. You never see the conversation progressing.

Paul: 
The time for looking for common ground has passed. "The only thing necessary for the triumph of evil is for good men to do nothing". We need to be looking in the mirror, and constantly having the difficult conversations. There are so many behaviours we have just stood back and allowed. Particularly when we are in rooms surrounded by people who look just like us. Then it is safe to refer to Africa as a country. Then it is safe to say that other groups are inherently lazy, or stupid, or criminal. It is only when it becomes unsafe in the groups that are powerful that there will be real change.

Sarah:
Except how come most of the voices are male? You guys seem either to have too much time on your hands or too much testosterone. It seems like a competition. How do you expect people to be vulnerable with each other if they are constantly being challenged? If you are constantly trying to fix people, rather than hold them? We are all a confused bunch full of conflicting emotions and prejudices. How are we supposed to unlearn our obstacles if we aren't even allowed to play in safety? Kids are little monsters. Not because they are little monsters in their souls, but because they are pushing the boundaries. Seeing where the borders between them and the world are. Maybe we need a different set of games to play?


Michelle:
The voices aren't mostly male. It is just that is the only people who get the platform. There are plenty of minority voices that get lost in the wind. Did you hear that Jordan Peterson clip where he named his favourite author in a split second, but got lost when asked for his favourite female author? The problem with doubling down on the conversation with the typical voices is we don't learn anything new. The same people lead the charge even if superficially they claim to be trying to self-reflect. I echo your call for a different set of games. I like the idea of being very considered about what it is we are trying to achieve. Then going about it step by step. The current approach just seems like we are shouting into the void, without anything changing. I'd rather not even participate then.

Trev:

I tried to provide a platform. I know I am noisy. So I have published a number of Guest Posts on my blog. I have also tried having Guest Conversations. Writing every day has made it relatively easy for me. So I tried doing 5x2 paragraphs with someone Theatre Sport style. I write, you write, till we have each had five turns to do a paragraph. Then we publish. The problem is most people are very busy. Especially, it is true, most of the very accomplished women I know. A lot of them are balancing trying to be Uber Super Women with a career and a family. Actually making space for these types of conversations with most people feels indulgent. Nothing kills an activist like a mortgage and school fees.

Sarah:

Extending my point about the wrong games. Maybe these Guest Conversations and blogs are just the games you know how to play, which is why you aren't getting access to the conversations you are hoping for. The Comments Section and even the underlying tone in most articles is incredibly aggressive. You can't expect people to expose their vulnerabilities in those kinds of situations. There needs to be an underlying degree of safety. An underlying acceptance of someone even if they have committed "bad" behaviours, or have "bad" thoughts. No one, ever, is going to put up their hands about their weaknesses if they think they will be burned at the stake. The people who do are often just virtue signaling to their tribe, trotting out scripted "look how good I am by saying I am not good" campaign speeches.

Paul:
Action is more important than safe conversations. I don't much care about people's intent. If they really want to change, they will. If they don't want to change, who really cares? Racist die like everybody else. If you grew up that way, something has to actually happen to change their mind. The countries and places that have really seized the opportunities around the world haven't done it through talk shops. In the modern connected world, information and education are almost free. Yes, there are some barriers, but not for the people who take the bull by the horns. I am not sure us sitting in circles singing Kum ba yah will change anything other than us feeling good about ourselves. Warm fluff. Get the best job you can get. If you can't get one, make one. Do it well. Hustle. Build a life you enjoy living. The rest will sort itself out.

Angela:

Just stop stressing. Difficulty has always been here, and always will be. Struggle is part of the beauty of life. Think of the art and music that comes from our darkest moments. Horrible experiences are what gives life its texture. The pulse of the world is positive. We are less racist, less homophobic, less sexist and more tolerant than at any other time in the world's history. Few mothers dye in childbirth, and most children now survive to adulthood. We are learning to speak to each other, and the challenging conversations we are having is part of the beauty of us seeing one another for the first time. It is painful and beautiful. Stop fighting it. Breathe. Just take each day one at a time. Breathe. Carry on. 


[The Narrator, Mark, Paul, Sarah, Michelle and Angela are fictional]



Saturday, October 27, 2018

Beyond Nations

Nationalism is a very young concept. As a way of organising ourselves, we have trialled and errored lots and lots. Nations came out of the enlightenment as a push back against Monarchs and 'the divine rule of Kings'. The appetite of Monarchs meant they were less likely to define their subjects too tightly. More was better. As we started to define ourselves by a 'The People', Racism and Prejudice reared its ugly head. Companies also started life like countries. The East India Company ruled India for 101 years. Companies had armies and flags. Eventually we realised that wasn't such a good idea. Mercantilism was when Countries treated themselves like Companies that competed in Win-Lose scenarios. The Kings and Queens were war-like CEOs. Gradually we realised that was stupid. Free Trade can be win-win. It is important to remember all these things (money, countries, religions, languages) are shared stories that help us cooperate. We can rewrite and update the stories as we learn. Carry on trialling. Carry on erroring. Carry on learning.

Tuesday, September 04, 2018

Unknown Prejudice



Donald Rumsfeld famously divided all it was possible to know into four categories. Known Known - the things you know you know. Known Unknown - the things you know you don't know. Unknown Known - the things you know, but don't know you know. Unknown Unknown - the things you don't even know you don't know.

This works well with Racism and other forms of prejudice. Your Community are the people you know. They aren't a category. You know them personally and well enough to recognise them, and remember things about them. Especially if you pay attention to and are interested in the things that make them different from the category you are both in. If you are interested in something because they are, and only then because you become interested yourself.

Prejudice is when you don't know enough to know the individual. You know this. But it is all lumped into a category of known unknowns. You may be disinterested or even scared. 'Die Swart Gevaar' was an Apartheid Propaganda campaign to keep White South Africans afraid of if Black people were ever in power. White South Africans make up less than 10% of the population. Developing 'they are taking over' fear is a good way to prevent the effort needed to tear down the walls.

The Unknown Knowns are the common ground that can be used to tear down these walls. This can often be found in the history that existed before the walls were built. 

Afrikaans, for example, only became a political tool of the powers that be after the Anglo-Boer and First World Wars. WWI killed Imperialism and saw the birth of rising ethnic Nationalism. It was politically convenient to raise the status of Afrikaans as a white language. The reality is Afrikaans is the first language of more than 75% of the multi-ethnic Coloured (it is not a derogatory word in South Africa) population. It was a Kitchen language that mixed the Indigenous, Bantu, European, and South-East Asian flavours that gathered.

Other common ground is that both the 'Whites' and 'Black Africans' were systematically Christianised. In Europe this took place after the fall of Rome to 'The Barbarians' who were the ancestors of most South African Europeans. Rome itself was Christianised with Constantine being converted in 4th century. Boers means Farmers. The thousand years of Bantu migrations were in large part a farming expansion. Successive generations moving farms and cattle south. Many Europeans came to South Africa centuries ago fleeing the Wars of Religion. Another southward driver of the Bantu migrations was the Islamic North pursuing non-believers. A harrassed search for land of their own is a deep cultural legacy of most South Africans.

Ignorance is another level, quite different from Prejudice. You don't even hold any negative views. Everything is a blur. This is the type of racism that stops you from even being able to remember names or tell people apart. It is similar to seeing squiggles rather than words when you look at Russian, Hebrew, Hindi or Arabic. It is a form of illiteracy. Like people outside of Africa referring to it as if it is one country. They simply don't know enough. All of us fall into this form of illiteracy. We are human. Very few of us make the effort to become culturally literate. Particularly of cultures we don't come into contact with very often.

I haven't met many truly malicious people. Most of us have positive underlying drivers, that sometimes play out in very negative ways. The great thing with prejudice is you can chip away at if you want to. It is a fun process of meaning creation. Of seeing beyond categories. Of looking for flavour.




Monday, June 04, 2018

Korthand

Vooroordeel is 'n nuttige kortskrif vir beginners. Wanneer iemand sê, 'Ek kan nie die klavier speel nie', beteken dit nie: 'Dit is onmoontlik vir my om die klavier te speel.' Wat hulle werklik bedoel, is: 'Ek het nooit die nodige moeite gedoen om te leer hoe om die klavier te speel nie.' Die speel van die klavier is soos om 'n taal te leer. Dit is moeilik. Dit verg konteks. Dit verg koördinasie tussen die hande, die oë, die geheue en die emosies. Rassisme is effektief dieselfde ding. 'Al X mense lyk dieselfde' is kortliks, 'Ek het nog nie geleer om die individue te kan sien nie. Ek het nie genoeg konteks en begrip om buite die wêreld waar ek grootgeword het, te sien nie. '


Wednesday, May 02, 2018

I See Alive People

In a two-party Us and Them political world, the incentives are there to moan. The other side is stupid or evil. With big Nation-based Welfare States, there is also a conflict between the idea of who the 'contributors' are, and who the 'recipients' are. In a global system where much of your success is determined by the lottery of the passport you win at birth - there is bound to be (at least some) selective migration. Come if you are a recipient. Leave if you are an unwilling contributor.

(Enforced) Fairness v (Voluntary) Justice 

In a world of abundance, we are in a better position to do what we believe is right voluntarily. Imagine a country that is torn between two political parties - one believing in a 10% tax rate (Tithe), and one believing in a 50% (Share) tax rate. If the Tithe Party win, there is absolutely nothing (in a Liberal Democracy) stopping the Share Party pooling the 40% extra. Nothing except the feeling that *EVERYONE* should contribute. We don't have to change anybody's mind in a world where there are enough willing people. Politics can shift to being about seeing people, rather than convincing people.

Abstract Redistribution v Community Building

Big states are abstract. Our prejudices tend to be abstract too. If you have only ever had bad experiences with a certain 'category' of person, prejudices are bound to be soaked into you. Even unconsciously. That is how people learn - through repetition. The only way we break that is with real relationships. The homophobic religious parents whose son gets married to a man. The best friend who marries someone of a different race. The new colleague or boss who is really good at their job. We need to get better at having our communities based on real relationships. Communities with names, faces, and stories. Communities that see alive people.

See