Oddly Wired
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memory

Your memory stores only the gist of experiences.

Leveling and sharpening causes you to omit details while exaggerating specific core elements when recalling a story or event.

As time passes, your memory naturally simplifies complex accounts by removing minor details (leveling) and making prominent features more distinct (sharpening). You are not a camera recording reality, but an editor constantly rewriting your personal history to fit a coherent narrative. The resulting memory is a simplified construct, not an accurate reproduction.

You remember the meaning, not the event.

Where this comes from

Study
Allport and Postman, 1947
What the check found
The attribution is correct in the context of rumor theory, though the concepts originated earlier with Bartlett. The definition provided is accurate.
Confidence
Solid, with limits

Related

One of these every day, and every one names the study it came from. When a finding is contested, it says so.