Optimally Irrational • 15 implied HN points • 25 Oct 23
- Many people tend to overestimate their abilities and standing relative to others because they derive pleasure from thinking they are better than they actually are.
- Overconfidence can lead to costly mistakes in the real world, even though it might offer benefits in social interactions where it can influence others' behaviors.
- Self-deception, fueled by the belief in our own lies, may help us deceive others more effectively, especially in situations where credibility is crucial.