When you work hard on a project, you have the tendency to overvalue the project, even if the project is worthless.
The more effort incurred, the higher the perceived value. This proclivity prevents you from seeing things objectively.
Investors, business owners, and even CEO are not immune to this fallacy.
More effort does not always comport with increased value.
We subconsciously exert lower effort as the number of teammates increase. This is worse in an...
Managers who solve problems get more credit than those who prevent problems. A passerby who saves...
Our judgment is always biased. We judge others’ failure to be caused by their characters but...
Some of us revel on special occasions. Of course, if we want to, we can paint...