The Art of Thinking Clearly

Have you ever . . .

• Invested time in something that, in hindsight, just wasn't worth it?
• Paid too much in an eBay auction?
• Continued to do something you knew was bad for you?
• Sold stocks too late, or too early?
• Taken credit for success, but blamed failure on external circumstances?
• Backed the wrong horse?

These are examples of what the author calls cognitive biases, simple errors all of us make in day-to-day thinking. But by knowing what they are and how to identify them, we can avoid them ...