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Why do people who know the least often seem the most confident? In this video, we explore the Dunning-Kruger Effect — a psychological bias that causes people with limited knowledge to overestimate their competence, while those with true expertise often doubt themselves. It’s a cognitive trap that shows up everywhere — in workplaces, classrooms, conversations, and especially in investing.
Why do people who know the least often seem the most confident? In this video, we explore the Dunning-Kruger Effect — a psychological bias that causes people with limited knowledge to overestimate their competence, while those with true expertise often doubt themselves. It’s a cognitive trap that shows up everywhere — in workplaces, classrooms, conversations, and especially in investing.