Fortress Financial Group fka FFGO

[Dragonwing]

That's how it always is with FFGO: the longs make assumptions unsupported by anything the company's said.

I'd say assuming is prevalent everywhere

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Learning to distinguish inferences from assumptions is an important intellectual skill. Many confuse the two elements.

Inference: An inference is a step of the mind, an intellectual act by which one concludes that something is true in light of something else’s being true, or seeming to be true. If you come at me with a knife in your hand, I probably would infer that you mean to do me harm. Inferences can be accurate or inaccurate, logical or illogical, justified or unjustified.

Assumption: An assumption is something we take for granted or presuppose. Usually it is something we previously learned and do not question. It is part of our system of beliefs. We assume our beliefs to be true and use them to interpret the world about us. If our belief is a sound one, our assumption is sound. If our belief is not sound, our assumption is not sound. Beliefs, and hence assumptions, can be unjustified or justified, depending upon whether we do or do not have good reasons for them.

We humans naturally and regularly use our beliefs as assumptions and make inferences based on those assumptions. We must do so to make sense of where we are, what we are about, and what is happening. Assumptions and inferences permeate our lives precisely because we cannot act without them. We make judgments, form interpretations, and come to conclusions based on the beliefs we have formed.

If you put humans in any situation, they start to give it some meaning or other. People automatically make inferences to gain a basis for understanding and action. So quickly and automatically do we make inferences that we do not, without training, notice them as inferences. We listen to what people say and make a series of inferences as to what they mean.

As we write, we make inferences as to what readers will make of what we are writing. We make inferences as to the clarity of what we are saying, what requires further explanation, what has to be exemplified or illustrated, and what does not. Many of our inferences are justified and reasonable, but some are not.

As always, an important part of critical thinking is the art of bringing what is subconscious in our thought to the level of conscious realization. This includes the recognition that our experiences are shaped by the inferences we make during those experiences. It enables us to separate our experiences into two categories: the raw data of our experience in contrast with our interpretations of those data, or the inferences we are making about them.

Eventually we need to realize that the inferences we make are heavily influenced by our point of view and the assumptions we have made about people and situations. This puts us in the position of being able to broaden the scope of our outlook, to see situations from more than one point of view, and hence to become more open-minded.

http://www.criticalthinking.org/articles/ct-distinguishing-inferencs.cfm