My favorite musician, Johann Sebastian Bach, was anything but a one-hit wonder. He composed numerous works. How many there were I will reveal at the end of this blog post. But for now, here’s a small ...

Financial advisors know well that a foundational level of financial literacy is essential for making informed investment decisions. Yet, even with strong literacy scores, many investors are prone to ...

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 new study in ...

While confidence is crucial for leadership, it becomes a liability when it hardens into certainty, stifling curiosity, dissent, and learning. Overconfidence, fueled by success and praise, leads to ...

Walters, Daniel J.; Fernbach, Philip M. Investor memory of past performance is positively biased and predicts overconfidence. Proceedings of the National Academy of Sciences of the United States of ...