The gambler’s fallacy is a concept known by many names—you might hear people refer to it as the gambler’s paradox, the Monte ...
I’ve had some variety of this conversation several times over the years, so often, in fact, that I have come to describe the mistaken assumption the Skips of the world labor under as the valedictorian ...
Pathetic fallacy is often used to describe the environment. The weather and season can be described with human emotions to reflect the mood of a character or create a tone. 'The raindrops wept ...
Take the Social Security Administration, for example. Trump and his cost-cutting czar Elon Musk quickly labeled their ...
It would require more time and effort on your part if you do. The sunk cost fallacy causes people to stick with a failing decision just because they've already invested in it. Psychological biases ...
Whether it’s with golf betting, roulette, slots, lottery or another form of gambling, the “gambler’s fallacy” is a common misconception among bettors. The gambler’s fallacy, also known ...
Suggesting that natural products or ingredients are inherently superior to those that are synthetic is a common flaw in reasoning used by influencers, brands and politicians alike. Before writing ...
The systematic investment plans (SIP) of mutual funds offer a path to stock ownership that’s good for individuals.
Oh, the horror! The New York Jets are parting ways with a 41-year-old quarterback who is coming off a season where he ranked ...