“Overconfidence is a powerful source of illusions, primarily determined by the quality and coherence of the story that you can construct, not by its validity.”
Quote by Daniel Kahneman
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“One of the problems with expertise is that people have it in some domains and not in others.”
“Experts don't know exactly where the boundaries of their expertise are.”
“In strategic decisions, I'd be really concerned about overconfidence.”
Source: Walter Bagehot: A Study of His Life and Thought, Together with a Selection from His Political Writings
“The amount of success it takes for leaders to become overconfident isn't terribly large.”
