{"id":569223,"date":"2010-05-18T15:08:00","date_gmt":"2010-05-18T19:08:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/a-visual-study-guide-to-cognitive-biases-2010-5"},"modified":"2010-05-18T15:08:00","modified_gmt":"2010-05-18T19:08:00","slug":"fantastic-presentation-on-human-cognitive-biases","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/569223","title":{"rendered":"Fantastic Presentation On Human Cognitive Biases"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e3087f8b9aed46870200-324-243\/cognitive-bias-small.jpg\" border=\"0\" alt=\"cognitive bias small\" width=\"324\" height=\"243\" \/><\/p>\n<p>What are cognitive biases?<\/p>\n<p>In essence, they are the way humans come to incorrect conclusions. You think you&#8217;re right, but you actually have no idea. <a href=\"http:\/\/www.ritholtz.com\/blog\/2010\/05\/the-visual-guide-to-cognitive-biases\/\">Barry Ritholtz<\/a> recently published a presentation, released by the <a href=\"http:\/\/royalsocietyofaccountplanning.blogspot.com\/2010\/04\/new-study-guide-to-help-you-memorize.html\">Royal Society of Account Planning<\/a>, states the following:<\/p>\n<p>&#8220;<em>Such biases are thought to be a form of &#8216;cognitive shortcut,&#8217; often upon rules of thumb, and include errors in statistical judgment, social attribution, and memory. These biases are a common outcome of human thought, and often drastically skew the reliability of anecdotal and legal evidence. The phenomenon is studied in cognitive science and social psychology<\/em>.&#8221;<\/p>\n<p>Basically, you shouldn&#8217;t go convincing yourself that you have your best interests at heart. Check out how&nbsp; society ultimately judges itself. Across business disciplines &#8212; notably investing, but not solely &#8212; cognitive biases are extremely important.<\/p>\n<h2> <\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2dead7f8b9aa8496b0100-400-300\/.jpg\" alt=\" \" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p><\/p>\n<h2> <\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2dec37f8b9a9949770200-400-300\/.jpg\" alt=\" \" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p><\/p>\n<h2> <\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2dee77f8b9a5a60dc0800-400-300\/.jpg\" alt=\" \" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p><\/p>\n<h2> <\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2df0c7f8b9a3b46b30100-400-300\/.jpg\" alt=\" \" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p><\/p>\n<h2> <\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2df217f8b9a5d46810000-400-300\/.jpg\" alt=\" \" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p><\/p>\n<h2> <\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2df457f8b9ae360020600-400-300\/.jpg\" alt=\" \" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p><\/p>\n<h2> <\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2df5f7f8b9ae6601b0600-400-300\/.jpg\" alt=\" \" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p><\/p>\n<h2>Click the link below to enlarge<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2dfb97f8b9aeb497c0100-400-300\/click-the-link-below-to-enlarge.jpg\" alt=\"Click the link below to enlarge\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p>(<a href=\"http:\/\/www.businessinsider.com\/fantastic-presentation-on-human-cognitive-biases-slide-8-enlarged\">enlarge<\/a>)<\/p>\n<p><\/p>\n<h2><\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e0177f8b9a2446660400-400-300\/image.jpg\" alt=\"\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p><\/p>\n<h2>Click the link below to enlarge<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e0637f8b9a3a615e0500-400-300\/click-the-link-below-to-enlarge.jpg\" alt=\"Click the link below to enlarge\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p>(<a href=\"http:\/\/www.businessinsider.com\/fantastic-presentation-on-human-cognitive-biases-slide-10-enlarged\">enlarge<\/a>)<\/p>\n<p><\/p>\n<h2> <\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e0ae7f8b9ab549370500-400-300\/.jpg\" alt=\" \" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p><\/p>\n<h2> Click the link below to enlarge<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e0ce7f8b9a8a4bce0100-400-300\/click-the-link-below-to-enlarge.jpg\" alt=\" Click the link below to enlarge\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p>(<a href=\"http:\/\/www.businessinsider.com\/fantastic-presentation-on-human-cognitive-biases-slide-12-enlarged\">enlarge<\/a>)<\/p>\n<p><\/p>\n<h2> Click the link below to enlarge<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e0f57f8b9abc46ac0000-400-300\/click-the-link-below-to-enlarge.jpg\" alt=\" Click the link below to enlarge\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p>(<a href=\"http:\/\/www.businessinsider.com\/fantastic-presentation-on-human-cognitive-biases-slide-13-enlarged\">enlarge<\/a>)<\/p>\n<p><\/p>\n<h2> Click the link below to enlarge<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e10b7f8b9ae8602f0700-400-300\/click-the-link-below-to-enlarge.jpg\" alt=\" Click the link below to enlarge\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p>(<a href=\"http:\/\/www.businessinsider.com\/fantastic-presentation-on-human-cognitive-biases-slide-14-enlarged\">enlarge<\/a>)<\/p>\n<p><\/p>\n<h2>Click the link below to enlarge<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e1907f8b9ac046680100-400-300\/click-the-link-below-to-enlarge.jpg\" alt=\"Click the link below to enlarge\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p>(<a href=\"http:\/\/www.businessinsider.com\/fantastic-presentation-on-human-cognitive-biases-slide-15-enlarged\">enlarge<\/a>)<\/p>\n<p><\/p>\n<h2> Click the link below to enlarge<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e1a37f8b9ab561c80300-400-300\/click-the-link-below-to-enlarge.jpg\" alt=\" Click the link below to enlarge\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p>(<a href=\"http:\/\/www.businessinsider.com\/fantastic-presentation-on-human-cognitive-biases-slide-16-enlarged\">enlarge<\/a>)<\/p>\n<p><\/p>\n<h2> <\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2de4b7f8b9ae545ea0600-400-300\/.jpg\" alt=\" \" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p><\/p>\n<h2>Click the link below to enlarge<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e1c07f8b9abc61360200-400-300\/click-the-link-below-to-enlarge.jpg\" alt=\"Click the link below to enlarge\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p>(<a href=\"http:\/\/www.businessinsider.com\/fantastic-presentation-on-human-cognitive-biases-slide-18-enlarged\">enlarge<\/a>)<\/p>\n<p><\/p>\n<h2> Click the link below to enlarge<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e1ff7f8b9ab74cbb0100-400-300\/click-the-link-below-to-enlarge.jpg\" alt=\" Click the link below to enlarge\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p>(<a href=\"http:\/\/www.businessinsider.com\/fantastic-presentation-on-human-cognitive-biases-slide-19-enlarged\">enlarge<\/a>)<\/p>\n<p><\/p>\n<h2> Click the link below to enlarge<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e21e7f8b9aa045b40a00-400-300\/click-the-link-below-to-enlarge.jpg\" alt=\" Click the link below to enlarge\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p>(<a href=\"http:\/\/www.businessinsider.com\/fantastic-presentation-on-human-cognitive-biases-slide-20-enlarged\">enlarge<\/a>)<\/p>\n<p><\/p>\n<h2> Click the link below to enlarge<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e23f7f8b9ad2615b0300-400-300\/click-the-link-below-to-enlarge.jpg\" alt=\" Click the link below to enlarge\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p>(<a href=\"http:\/\/www.businessinsider.com\/fantastic-presentation-on-human-cognitive-biases-slide-21-enlarged\">enlarge<\/a>)<\/p>\n<p><\/p>\n<h2> That&#8217;s all, folks!<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2e24e7f8b9af461d90100-400-300\/thats-all-folks.jpg\" alt=\" That's all, folks!\" border=\"0\" class=\"slide-image\" \/><\/p>\n<p>Image: Royal Society Of Account Planning<\/p>\n<\/div>\n<p><\/p>\n<h2>Feeling egotistical? So are these guys:<\/h2>\n<div class=\"image-container slide-image\"><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2939c7f8b9ad67f2d0000-400-300\/feeling-egotistical-so-are-these-guys.jpg\" alt=\"Feeling egotistical? So are these guys:\" border=\"0\" class=\"slide-image\" \/><\/div>\n<h2><a href=\"http:\/\/feedproxy.google.com\/~r\/TheMoneyGame\/~3\/media-ppl-speaking-at-graduation-2010-5\">Here  Are 12 Media Big Shots Giving Speeches At This Year&#8217;s Commencement  Ceremonies<\/a><\/h2>\n<p><a href=\"http:\/\/www.businessinsider.com\/a-visual-study-guide-to-cognitive-biases-2010-5#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/BsVNj-TLId8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What are cognitive biases? In essence, they are the way humans come to incorrect conclusions. You think you&#8217;re right, but you actually have no idea. Barry Ritholtz recently published a presentation, released by the Royal Society of Account Planning, states the following: &#8220;Such biases are thought to be a form of &#8216;cognitive shortcut,&#8217; often upon [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-569223","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/569223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=569223"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/569223\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=569223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=569223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=569223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}