A closer look

Why smart people still make terrible decisions: the trap of the 'confidence bias'. Picture buying stocks because a friend 'seems sure' or dismissing an expert because you once guessed right. Confidence bias disguises itself as intuition but grows whenever results accidentally favor us. To loosen its grip, separate success from skill by journaling decisions — what you knew, what you guessed. Review weekly. You’ll start noticing a pattern: past wins were partly luck, not pure genius. Admitting that opens access to humility-powered precision. The next time you argue, trade, or even date, notice how certainty inflates just after small victories. That’s the bias whispering you’re invincible. Resist it with evidence, not ego.