Most Of Us Are Dangerously Overconfident

Follow @bakadesuyo

David Brooks explains just how extreme our overconfidence can be:

Via The New Yorker:

Human beings are overconfidence machines. Paul J. H. Schoemaker and J. Edward Russo gave questionnaires to more than two thousand executives in order to measure how much they knew about their industries. Managers in the advertising industry gave answers that they were 90-per-cent confident were correct. In fact, their answers were wrong 60-one per cent of the time. People in the computer industry gave answers they thought had a 90-five per cent chance of being right; in fact, 80 per cent of them were wrong. 90-nine per cent of the respondents overestimated their success.

David Brooks is the author of The Social Animal: The Hidden Sources of Love, Character, and Achievement.

Follow me on Twitter, Facebook, or RSS.

Related posts:

How confident should you be at work today?

Does overconfidence increase productivity?

How to quickly and easily improve performance in most any area

Permalink [Leave a comment  »


 

Read more posts on Barking Up The Wrong Tree »

NOW WATCH: Ideas videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.