Hindsight Bias

Question 1

What is hindsight bias ?

Answer 1

Hindsight bias is the tendency to believe that an outcome, after it occurs, was predictable or inevitable.

Question 2

How do outcomes cast a shadow in hindsight bias ?

Answer 2

Outcome casts a shadow over your ability to “accurately remember” ‘what you knew’ “at the time of the decision”.

Hindsight bias, like resulting, is a manifestation of the outsized influence of outcomes.

Question 3

How does hindsight bias distorts the way you process outcomes ?

Answer 3

in two ways: Should have known and Knew it all along.

Hindsight bias leads us to lack compassion for ourselves and others

Question 4

What is memory creep ?

Answer 4

where the stuff that reveals itself after the fact creeps into your memory of what you knew or was knowable before the decision.

Question 5

What is antidote to mental creep ?

Answer 5

To learn from your choices and their outcomes, you need to strive to be “accurate” about “what you knew” “at the time of your decision”.

The Knowledge Tracker is a tool that can help “separate” what you knew from what you subsequently learned.