How Emotions Shape Business Decisions
We often let go of objectivity before we've secured a firm grip on reality—all because of something psychologists call the affect heuristic.
Designing Investment Committees to Counter Cognitive Biases
Success lies not in eliminating cognitive biases—an impossible task—but in creating structures and processes that systematically identify and counter their effects.
The Power of Premortems: Preventing Investment Failures Before They Happen
It's better to be roughly right than precisely wrong. Premortems help us be roughly right more often by showing us where we might be precisely wrong.
The Hidden Chains of Past Decisions: How Sunk Cost Bias Derails Smart Decision Makers
Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.