When it comes to past investments, you're more likely to remember your wins than your losses. For many active investors, that contributes to overconfidence, which can lead them to make the wrong moves ...

Overconfidence bias is a behavioral principle that can be used to describe overestimating one's financial acumen. Investors may be tricked into thinking they can beat the market or may suffer higher ...

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 ...

This post is part of a larger series about the traps entrepreneurs fall into and how to avoid them, based on research and observation. They complement the new entrepreneurial process I have described ...

We are all constantly making predictions about our lives, both professionally and personally. For financial professionals, predictions can have a drastic impact on a client’s financial success. This ...

BUFFALO, N.Y. -- Too much confidence among teenage students can be harmful. In a study that reinforces the danger of indiscriminately bolstering a child's self esteem -- whether the child earns that ...

Is it ever possible to have too much confidence? Actually yes, according to a new study published in Journal of Experimental Social Psychology which found that overconfidence can stunt intellectual ...

Confidence can be a slippery thing. It’s a good and necessary characteristic for success, but in overabundance, it can devolve into recklessness and poor decision-making. Life has a way of teaching us ...

Individuals who falsely believe they are able to identify false news are more likely to fall victim to it. A new study published in Proceedings of National Academics of Sciences finds that individuals ...