For example, imagine a CEO who is considering the acquisition of another business and is faced with ambiguity and uncertainty — overconfidence can lead him or her to the wrong decision.

But too much of it? That’s trouble. Overconfidence can tamper with decisions and bury risks in plain view. It doesn’t throw a business off balance—it can take the whole thing down.

Take the recent market volatility for example. I know a few guys who were ... Another major investing mistake is ...

Yet, even with strong literacy scores, many investors are prone to overconfidence – an emotional bias that can have significant implications for their financial outcomes. Advisors are uniquely ...