We love stories of people who bucked conventional wisdom to achieve incredible success. But not accounting for the failures in these stories is an error that distorts our view of reality. So and so dropped out of high school and started a business while working a paper route. Everyone told our intrepid maverick that X … Read more Survivorship Bias: Dropping Out of School Won’t Make You a Billionaire. I Don’t Care Who Did It.
How many times have you made what seemed like a great decision only to later realize how wrong you were? Don’t lie. It’s happened to us all. It’s not that you’re stupid or a bad decision-maker. It’s that your brain is trying to simplify your information processing. These cognitive biases serve a purpose in our … Read more The Secret to Better Decision Making