Hindsight Bias makes you lose money | Money Arata 66 

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Hindsight Bias is like looking in the rearview mirror and assuming you could've predicted the journey all along. It’s the 'I-knew-it-all-along' phenomenon. In the startup scenario, once you know the outcome, it seems like the signs of success were obvious. But were they really? Or are you just connecting the dots backwards?
So here's your key takeaway: Next time you make a successful investment or business decision, instead of claiming 'I knew it,' remind yourself of the uncertainties you faced at the time of the decision. This will keep your confidence in check, help you make more prudent decisions in the future, and prevent you from falling into costly traps. There is a method for this so you don't get tricked by your brain and this is what we will explore today.
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