Week 35 Day 6: Hindsight Bias: Of Course It Was Obvious

After the fact, everything looks predictable. The 2008 crash was 'obvious.' Bitcoin's rise was 'inevitable.' Amazon's success was 'guaranteed.' But none of these were obvious before they happened. Hin...

After the fact, everything looks predictable. The 2008 crash was 'obvious.' Bitcoin's rise was 'inevitable.' Amazon's success was 'guaranteed.' But none of these were obvious before they happened. Hindsight bias rewrites your memory to make you think you knew all along.