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Veritasium: Why People Are So Confident When They're Wrong

Why we’re so sure we’re right (even when we’re not): overconfidence is a sneaky cognitive bias fueled by brain shortcuts and the classic Dunning-Kruger effect, where we overestimate our smarts and skills. The video breaks down how this bias works, why a little confidence can actually be good for risk-taking, and how quick, gut decisions hijack our critical thinking.

It then dives into wild real-world flops—like Nick Leeson’s rogue trading and an ancient English bank collapse—to show how feedback (or lack of it) seals our fate. Finally, it shares practical tips on spotting and dialing back our own overconfidence so we can make smarter calls.

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