Hindsight Bias
Hindsight bias is a false belief that our judgement is better than it actually is when we look back and see the events. Reality appears more predictable after an event happens. This is also known as the ‘Knew-it-all-along effect’.
This bias makes people less accountable for their decisions, and overconfident in their ability to make those decisions, due to the various mental models that they have developed.
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