Gambler’s fallacy is a common cognitive bias that affects decision-making, especially in areas like gambling, investing, and trading. In this article, we’ll strive to break things down by giving you a ...

Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.

The gambler’s fallacy is an important example of betting jargon and one that describes a common and problematic mindset that may impact your decision-making when gambling online. This is also known as ...

Clear and rational thinking is essential for effective decision-making and communication in the work place. However, logical fallacies—errors in reasoning that undermine the logic of an argument—are ...

Many people fall victim to the “sunk cost fallacy” at some point in their lives. Maybe you have stayed at an amusement park even though it was hot and crowded, or remained at a concert even though the ...

The word fallacy is defined as "a deceptive,misleading or false notion or belief; a misleading or unsound argument; erroneous or invalid reasoning that renders arguments as logically unsound. A ...

As some Republicans express buyer's remorse about Donald Trump's selection of J.D. Vance as the “worst choice” for vice president and Joe Biden ditches his stubbornness about staying in the 2024 ...