Confidence is crucial. It inspires audacious acts, elevates teams and spurs businesses to grow. But too much of it? That’s trouble. Overconfidence can tamper with decisions and bury risks in plain ...
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 ...
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 ...
It’s much easier to make money when everything keeps going up. The temptation for investors is to start taking more risk than they are able to handle.
Opinions expressed by Entrepreneur contributors are their own. You have to be confident to start a business. Depending on the study, between 75 and 90 percent of startups fail. To be an entrepreneur, ...
“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 ...
In their new book, three acclaimed researchers share what happens when you study the calibration of confidence levels among different professions in which predictions are integral to the work. With ...
The VIX index, which tracks stock-market volatility, is trading close to a four-year low. That could be a sign investors are complacent about the economy, according to UBS. The sliding fear gauge is ...
Learning is a wonderful thing. It helps us become less ignorant, develop more empathy, improve our health, and even reduce crime rates (Feinstein, 2008). However, there’s a danger in just a little bit ...
Will the economic downturn end as early as 2010, and can we expect airlines to rapidly stanch their abyssal losses and take delivery of much-needed next-generation transports? These are the dominant, ...
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