Categories
Learnings Mental Models

Survivorship Bias: The Hidden Dangers of Ignoring Failures in Decision-Making

Introduction In the realm of decision-making, our minds are prone to various cognitive biases that can lead us astray. One such bias is Survivorship Bias, which refers to our tendency to focus on successful outcomes or observations while ignoring the failures or entities that have fallen by the wayside. This blog post aims to explore […]

Categories
Learnings Mental Models

Hindsight Bias: The Illusion of Predictability in Decision-Making

Introduction In the realm of decision-making, our minds are susceptible to various cognitive biases that can distort our perceptions and influence the choices we make. One prominent bias is Hindsight Bias, which refers to our tendency to perceive past events as more predictable than they actually were. This blog post aims to explore the Hindsight […]

Categories
Learnings Mental Models

Confirmation Bias: The Tricky Path to Biased Decision-Making

Introduction In the vast landscape of decision-making, our minds are subject to various cognitive biases that can significantly impact the quality and objectivity of our choices. One such powerful bias is Confirmation Bias, which shapes our thinking by selectively seeking and interpreting information that confirms our preexisting beliefs and assumptions. This blog post aims to […]