Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.
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Artificial intelligence (AI) is rapidly becoming commonplace, despite statistics showing that only approximately 7% to 13% (depending on size) of companies have incorporated AI into their regular ...
Source: Hanna Kovalchuk / Pixabay Have you ever noticed how you’ll see the same succinct clever talking-point showing up over and over again especially on social media? Oftentimes, that’s propaganda ...
It was a Words with Friends chat that first gave Megan Phelps-Roper pause. People have a marked tendency to cling to past investments, whether financial, social, or emotional—even when it becomes ...
Four months after Liberation Day, President Trump is poised to declare victory in his trade war. In July, he trumpeted his latest agreement with the E.U. as “the biggest deal ever made.” With the ...
Without going too far out on a limb, I believe almost everyone would like two things from their jobs and careers: success and happiness. They want to do well financially, receive recognition for their ...
A new study is claiming that vegetarians are more driven by power and achievement than meat eaters. While some people agree with this, critics say that labeling people by diet does more harm than good ...
The McNamara Fallacy is the idea that it is an error to make decisions purely on measurements or quantitative data. Robert McNamara was the US Secretary of Defense ...
We often move through life believing that happiness, calm, peace, and fulfillment are waiting for us just beyond the next milestone. I fell into this trap often in undergraduate and graduate school. I ...
President Donald Trump is a walking, talking rhetorical fallacy. We should know this by now because he’s been dumbing down our public discourse for years, but it’s worth revisiting as he tries to ram ...
People often ask me how they can avoid misinformation. I wish there was an easy answer, but effectively avoiding misinformation means reevaluating our relationship with information. The perpetuation ...