What do you call over confidence?

cocksure, brash, arrogant, reckless, heedless.

What’s the opposite of overconfidence?

Antonyms: timid, diffident, shy, unsure.

What are the dangers of overconfidence?

While we normally see boosting someone’s confidence as a good thing, having too much of it can have a negative effect. Being overconfident can lead to losing money from poor investing decisions, losing the trust of people who rely on you, or wasting time on an idea that’ll never work.

What is another word for overconfident?

Synonyms for Overconfident: adj. •overly sure of oneself (adjective) overweening, rash, brash, careless, impudent, cocksure, reckless, cocky, Presuming, presumptuous, self-assertive, hubristic, heedless, heading for a fall, pushy, foolhardy. •reckless (adjective) heedless, rash, impudent, careless.

How to overcome overconfidence bias?

– Embrace Meta-Rationality. The first, and most obvious solution to overconfidence bias, is just to understand that we all tend to be overconfident. – Seek Fingerspitzengefühl. For each individual, there are specific areas where the Can Opener Effect doesn’t exist and they are not overconfident. – Use a Margin of Safety. Margin of safety is a principle from investing to build in some margin of safety into investment decisions.

What is overconfidence effect?

The overconfidence effect is a well-established bias in which a person’s subjective confidence in his or her judgements is reliably greater than the objective accuracy of those judgements, especially when confidence is relatively high. Overconfidence is one example of a miscalibration of subjective probabilities.

What is overconfidence in psychology?

Overconfidence refers to the tendency to be very sure of a fact and later finding that the objective reality was different.