 However, what matters is not just what S knows and believes, but how S knows and believes it. Tensed beliefs have rather different cognitive significance from the corresponding tenseless ones. What matters for timely action is believing the tenseless content via a tensed representation, by having a true tensed belief (“it is noon (now)”). The point is a more general one that applies equally to indexicals other than “now”, such as “I” or “here”: the cognitive significance of indexical beliefs differs from that of the corresponding non-indexical ones.