Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Quote card by Opinion. As the upcoming presidential election draws closer, voters are thinking ...
The late psychologist Daniel Kahneman once said if he could wave a magic wand and get rid of any bias, he would choose overconfidence. However, overconfidence is here to stay. In a recent study in ...
We are all constantly making predictions about our lives, both professionally and personally. For financial professionals, predictions can have a drastic impact on a client’s financial success. This ...
Why are so many intelligent, well-meaning individuals uncompromising in their positions and perspectives? Whether in mergers or trading decisions, leaders consistently repeat the same mistakes, often ...
In my work as a CEO coach, I have grown accustomed to working with executives who are self-assured and confident. These leaders have put in decades of hard work, and have the accomplishments to show ...
I stared incredulously as the details started to flow. It was the most extreme case of false (financial) confidence I had ever witnessed, and the genesis of the resolution was painfully playing out ...
Investors can have emotional – and sometimes irrational – reactions to market activity, often due to behavioral biases. As an advisor, it's important to identify these so that you can provide the ...
Catholic bishops in India walk to the altar for the installation ceremony of Bishop Poola Anthony as the new Archbishop of Hyderabad at Saint Mary's School grounds in Secunderabad, the twin city of ...
Optimism is the opposite of pessimism, and the upsides and downsides of each are very different. Healthy optimism is associated with superior physical and mental health outcomes and stronger and more ...
“Overconfidence is a powerful source of illusions, primarily determined by the quality and coherence of the story that you can construct, not by its validity.” —Daniel Kahneman, Nobel laureate There ...
When it comes to investing, it’s best not to trust your memory, according to a new study co-authored by Philip Fernbach, professor of marketing in the Leeds School of Business at the University of ...