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Thinking · Module 4

Cognitive Bias Cards

The quiet traps that distort good reasoning from the inside.

8 cards

  1. 1Confirmation BiasOnce you believe something, you start noticing evidence that agrees with it and quietly skipping evidence that doesn't.
  2. 2AnchoringThe first number you see quietly becomes the number everything else gets judged against; even when it has nothing to do with actual value.
  3. 3OverconfidenceFeeling sure and being right are two different things; and the gap between them is usually invisible from the inside.
  4. 4Recency BiasThe most recent event looms largest in memory, crowding out older events that were just as important, or more.
  5. 5Loss AversionLosing something hurts roughly twice as much as gaining the same amount feels good; which quietly distorts decisions in favor of avoiding any loss at all.
  6. 6Herd MentalityReasoning changes when everyone around you is doing the same thing; the crowd's confidence quietly substitutes for your own.
  7. 7Sunk Cost FallacyMoney or effort already spent is gone either way; the only real question is what to do from here, not what you've already put in.
  8. 8Hindsight BiasOnce you know how something turned out, it feels like you always knew it would; even when, at the time, it was genuinely uncertain.