Medium Impact
Algorithm: Medium
Probability Assessment
Optimism Bias
"Bad things happen to other people. Good things happen to me. Statistics are just suggestions."
What is Optimism Bias?

The tendency to overestimate positive outcomes and underestimate risks. The reason startup founders exist.

Real-World Impact

Leads to inadequate preparation, poor risk assessment, and the occasional pleasant surprise when reality exceeds expectations.

Fun Fact

Optimism bias is actually linked to better mental health, but worse financial planning. Choose your trade-offs wisely.

Random Insight

"Good news: You're not as unique as you think. Bad news: You're not as rational as you think either."

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