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Hindsight bias distorts memory of past events from "summary" of Thinking Fast and Slow by Book Summary

Hindsight bias, a common cognitive illusion, warps our recollection of past events. When we look back on a situation, we tend to believe that we knew it all along, even when we had no idea what the outcome would be. This distortion of memory can lead us to underestimate the uncertainty we faced at the time. Our minds are constantly trying to make sense of the world, and hindsight bias is a byproduct of this process. As we reflect on past events, our minds automatically link the outcome with the information we have now. This creates a sense of inevitability that was not present when we were actually experiencing the situation. Hindsight bias can make us overconfident in our ability to predict the future, as we convince ourselves that we could have foreseen what was to come. This bias c...
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    Thinking Fast and Slow

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