Overprecision

topic on 1 show · 1 statements across 1 episodes

20VC

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20VC Insight
Mauboussin: Overprecision and confirmation bias are the biggest investment decision pitfalls
“Two big sources of bias, I think are one is overconfidence. And when you look at overconfidence, usually the sub-component of oral confidence of the problem is over precision, which is you start to think you know what the world is going to be rather than bette…”
Michael Mauboussin Nov 4, 2022 ▶ 12:30 Michael Mauboussin: The Single Biggest Mistake Investors Make In Decision-Making | 20VC #945 · 20VC with Harry Stebbings

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