Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.

Explore the sunk cost dilemma, a key financial concept impacting decisions on investing in failing projects. Learn how to manage it with real-world examples and insights.

Artificial intelligence (AI) is rapidly becoming commonplace, despite statistics showing that only approximately 7% to 13% (depending on size) of companies have incorporated AI into their regular ...

It was a Words with Friends chat that first gave Megan Phelps-Roper pause. People have a marked tendency to cling to past investments, whether financial, social, or emotional—even when it becomes ...

One of the special features of logic-based therapy (LBT), in contrast to other forms of cognitive-behavioral therapy (CBT), is LBT’s matching of “guiding virtues” to “cardinal fallacies.” According to ...

Despite decades of research proving their value at work, emotions remain one of the most undervalued—and misunderstood—resources available to leaders. Too many leaders still believe that emotions ...

When an emotion arises, how do you usually respond? For many, suppression and analysis are the default, but truly processing emotions is key to healing and stronger connections. Most of us were never ...

Originating from the Greek work “kathairein” (meaning to cleanse or to purge), catharsis is the act of working through and releasing strong, pent-up emotions. Catharsis is an inherent feature of the ...

Ethan Kross always shared a special bond with his grandmother, Dora, whom he considered a “second mom”. She lived just a few blocks away from his childhood home, and when he came by each day after ...

A quick guide to logical fallacies. Fallacies include ad hominem, appeals to authority, the fallacy fallacy, circular arguments, etc. What happened with the 14th Amendment? Abandoned vessel found 70 ...