What is hindsight bias?
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The Bias: After an event, why does it seem obvious it would happen?
Hindsight bias: knowing the outcome rewrites memory. People overestimate how predictable past events were. Source: Wikipedia – Hindsight bias
Where It Shows Up: Where does it show up?
Judging decisions by outcomes, not by information at the time. Good decisions can have bad outcomes. Source: Wikipedia – Hindsight bias
The Fix: Fix?
Write down predictions and reasons before you know the outcome. A decision journal keeps memory honest. Source: Wikipedia – Hindsight bias