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A weekly financial newsletter included this link, https://www.titlemax.com/discovery-center/lifestyle/50-cognitive-biases-to-be-aware-of-so-you-can-be-the-very-best-version-of-you/ [titlemax.com] A cute graphical "flash card" version of the same list is available at https://www.visualcapitalist.com/50-cognitive-biases-in-the-modern-world/ [visualcapitalist.com] Each "card" includes a short example that I found helpful in understanding the definitions.

Along with the ever-popular Dunning-Kruger Effect, the list had some eye openers for me. Here are the first ten. As a mental exercise, think about how many more you are aware of...before going to either of the links for a peek:

1. Fundamental Attribution Error: We judge others on their personality or fundamental character, but we judge ourselves on the situation.

2. Self-Serving Bias: Our failures are situational, but our successes are our responsibility.

3. In-Group Favoritism: We favor people who are in our in-group as opposed to an out-group.

4. Bandwagon Effect: Ideas, fads, and beliefs grow as more people adopt them.

5. Groupthink: Due to a desire for conformity and harmony in the group, we make irrational decisions, often to minimize conflict.

6. Halo Effect: If you see a person as having a positive trait, that positive impression will spill over into their other traits. (This also works for negative traits.)

7. Moral Luck: Better moral standing happens due to a positive outcome; worse moral standing happens due to a negative outcome.

8. False Consensus: We believe more people agree with us than is actually the case.

9. Curse of Knowledge: Once we know something, we assume everyone else knows it, too.

10. Spotlight Effect: We overestimate how much people are paying attention to our behavior and appearance.

At some level, I suppose this is click-bait--but this bait got me thinking.

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