Ability to judge the situation

Afrinrubi

Examples of the Dunning-Kruger effect Examples of the Dunning-Kruger effect include: The belief that we have greater knowledge and experience than others, and therefore our decisions are right; Improper calibration – overconfident investors overestimate their and incorrectly determine the probability of a stock going up or down; Unjustified certainty about a positive result on the stock exchange, despite negative signals reaching the investo.

Being guided by emotions, not common sense; Taking investment risks more often without knowing the broader context and exposing oneself to financial losses; Overtrading – excessive activity in concluding phone number list various transactions on the stock exchange, which generates costs and often leads to making poor financial decisions; Ignoring the broader perspective, which makes it impossible to collect all the information needed to objectively assess the market situation and may result in loss.



Seeing patterns and patterns where they don't actually exist; Reluctance to sell assets that generate losses, hoping for a turnaround; It is also worth mentioning the consequences of this phenomenon in your company, which may contribute to the employment of insufficiently qualified candidates, conflicts between employees, lower work efficiency, and deterioration of commercial relations with contractors.