What is intellectual flexibility?

Intellectual flexibility refers to the ability to change one’s opinions and perspectives when confronted with new information or evidence, particularly in complex and changing environments like the economy and stock market. Shane Parrish and guest Morgan Housel discuss the rarity and value of this trait, highlighting its significance among analysts and economists who often face career pressures that discourage such shifts in opinion. Intellectual flexibility is admired because it demonstrates an ability to be objective and to adapt one’s thinking based on new data, despite potential personal or professional risks 1 .