Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.

What do governments, businesses and individuals have in common? They’ve all invested time and money in forecasting how long a project will take to complete. Despite the forecasting, every one of them ...

Narrative fallacy is a term introduced by Nassim Taleb [1]. It refers to our difficulty looking at a sequence of facts without connecting them in some way, either to each other or to something else we ...

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In simple terms, a logical fallacy is a flaw in reasoning that weakens your argument; you’ve drawn a conclusion based on illogical, irrelevant, deceptive, or otherwise faulty evidence. You’re probably ...

Imagine there are 100 toy blocks in front of a toddler. Each of the blocks costs $1, 50 of them are red, 50 blue, and to build a sturdy little house requires about 75 or so blocks. By necessity the ...

The multiverse theory is a theory in theoretical physics that claims that there are multiple universes other than the one we live in, and is discussed in the fields of physics, philosophy, and logic.