 Having discussed pragmatists’ emphases upon the activity of inquiry and the thickness of experience, we turn to their views about the nature of thought. It has been common for philosophers to assume that the ‘content’ of a thought, judgment or proposition is a kind of intrinsic property that it possesses. Perhaps it offers a ‘picture’ or ‘idea’ of some state of affairs, and we can identify this content simply by reflecting upon the item itself, and its structural properties. All pragmatists have rejected this idea as a key driver of an antinaturalistic Cartesian dualism. Instead, they have held that the content of a thought, judgment or proposition is a matter of the role it fills in our activities of inquiry, and is to be explained by reference to how we interpret it or what we do with it. This shall be illustrated by considering three particular pragmatist views.