Hindsight bias distorts memory from "summary" of Thinking, Fast and Slow... in 30 Minutes by 30 Minute Expert Summary Staff
Hindsight bias distorts memory by influencing our recollection of past events. When we look back on a situation, we tend to believe that we knew the outcome all along, even when that was not the case. This bias can lead us to misremember our thoughts and beliefs at the time, making us overconfident in our ability to predict future events. This distortion occurs because our memory is not a perfect record of past events. Instead, it is a reconstruction that can be influenced by our current knowledge and beliefs. When we know the outcome of a situation, we unintentionally adjust our memories to fit that knowledge, leading us to believe that we had more insight at the time than we actually did. Hindsight b...
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