Clear thinking is an art. That’s why so many people fail at it. We are all prone to cognitive biases, which are errors we make in our everyday thinking. I hope you accept my warm welcome to this collection of 12 cognitive biases that can really mess up your decision-making, screw...
Confirmation Bias: Why You Might Be Wrong Even When You Know You’re Right
You and I have to make our minds up on many things to save time and energy. We accumulate shortcuts for decisions and beliefs to avoid a mental meltdown. During this intuitive process, confirmation bias lends you a helping hand. I bet you can answer these without blinking: Are cats better...
Focusing Illusion: Would You Be Happier if You Were Filthy Rich?
Germany, late 1990s. Psychologist, and Nobel Prize winner, Daniel Kahneman asks a group of German students: How happy are you these days?How many dates did you have last month? The results showed no correlation between the students’ happiness and the number of dates. That was until Kahneman...
Mount Stupid and the Dunning-Kruger Effect
You do it. I do it … We speak about stuff we don’t know enough about. From politics and the economy to breaking news and gossip, there is no shortage of topics where people will share their thoughts. Some are in the know. Others are utterly in the dark. Interestingly, people in this...