Last week we explored the cycle of denial, bargaining and panic that often unfolds once a market bubble bursts. Investors who once believed they were brilliant eventually face losses they can’t ignore ...

Have you ever found yourself saying, “I saw that coming”? If so, you may have been wrong. Hindsight bias, sometimes referred to as the “knew-it-all-along” effect, is a common cognitive bias that ...

Imagine you’re testing a new creative concept to see if it can work for your business. You’ve been told by experts that there’s only a 20 percent chance that it’ll work in your situation. But, ...

Do you have confirmation/hindsight bias? Many traders will believe that their skills, and techniques are crafted from years of analysis, but the reality is few traders go out of their way to find ...

While views may vary, we believe firmly that witness preparation should involve asking witnesses the tough questions, for several reasons: First, we would argue it is better to pose a tough or ...

Sylvan Browne suggests a way to deal with the problem of hindsight bias when assessing the obviousness of a patent application So-called hindsight bias can affect the assessment of the obviousness of ...