Personal
Hindsight Bias Fallacy Can Do More Harm Than You Think
By Invest Openly  •  November 14, 2014
HindsightFirst, I need to confess that I am falling in love once again... no, not with another person (I am married man) but with a book that I am currently reading. ;-)
The Art Of Thinking Clearly (by Rolf Dobelli) is what I am talking about. It is a compilation of 99 snippet chapters trying to demystify the common thinking "disorder" or "biases" that most of us are suffering (in past, present and probably the future too). Trust me, we all are guilty of at least some of them. Hence, I think I will share more of the relevant fallacies that I've read here.
The fallacy that I am sharing today is hindsight bias. I've read a couple of times from the local personal financial blogs on how they cited sentiment like "On hindsight, I should have..." etc.. Of course, it is always easy to look backward and trying to highlight the "zhun-ness" (accuracy) of what ...
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By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
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