#optimism-bias

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#planning-fallacy #time-management #project-delays #social-engineering #investment-fraud
Psychology
fromPsychology Today
2 hours ago

Too Optimistic in Time Planning?

People systematically underestimate task completion time (planning fallacy), causing delays and costs; time management improves by grounding plans in past experience and social consequences.
fromSilicon Canals
2 days ago

I'm a retired Boomer and I just watched my smartest friend lose everything to a scam-here are 9 ways they got to him that could get to anyone - Silicon Canals

Last month, I sat across from one of the brightest people I know as he explained how he'd lost nearly everything to a sophisticated scam. This wasn't some naive teenager or technophobe. This was my friend from university days, a retired executive who'd navigated corporate politics for decades and made shrewd investment decisions his whole life. Watching him piece together how it happened was like watching someone solve a puzzle in reverse.
Psychology
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