When forecasting the outcomes of risky projects, executives too easily fall victim to the planning fallacy. In its grip, they make decisions based on delusional optimism rather than on a rational weighting of gains, losses, and probabilities. #DanielKahneman

-

Comments

Post a Comment

Popular posts from this blog

We humans are unhappy in large part because we are insatiable [...] Rather than feeling satisfied, we feel a bit bored, and in response to this boredom, we go on to form new, even grander desires. #WilliamBIrvine

-
We humans are unhappy in large part because we are insatiable [...] Rather than feeling satisfied, we feel a bit bored, and in response to this boredom, we go on to form new, even grander desires. #WilliamBIrvine — English Quotes (@english_quotes) Nov 26, 2023
Read more

We hate the way we are because, somewhere in our evolution, we picked up some unyielding ideas about the way we should be: what we should have achieved, how many mistakes we should have made, how we should look, what others should be saying about us. #TheSchoolOfLife

-
We hate the way we are because, somewhere in our evolution, we picked up some unyielding ideas about the way we should be: what we should have achieved, how many mistakes we should have made, how we should look, what others should be saying about us. #TheSchoolOfLife — English Quotes (@english_quotes) Jul 10, 2024
Read more