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How can overconfidence negatively affect our lives?
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Overconfidence can affect us in many ways, but in my opinion, it's more aligned to the fact that it mainly comes hand in hand with underestimating others or certain situations.

I've dealt with overconfidence a lot in my life and they ways it managed to backfire to me are countless; My studies were very affected by my overconfidence, I used to spend little to no time studying because my Modus Operandi of thinking back then was "Damn i'm so cool and smart, I don't have to study that much at all." And then I'd end up getting lower than average grades and looking like a fool to my friends, teachers and my own parents as well, but most importantly myself. 

Another way overconfidence can affect you is in terms of punctuality, and this still affects me on a daily basis (Something I gotta fix...) So in here you belittle whatever variables could affect you or your medium of transport in any sort of way. Thinking in a way of "Oh, I can probably get there on time" and then not being able to is completely disrespectful for your own persona. You're left with the reputation of not being able to attend commitments or date you set out for yourself. And again, you're being overconfident by underestimating outside variables that can affect you; There could be a car crash in front of your house, the bus could decide to come an hour later, your car might break down, etc.

Those examples ARE the ones which have affected me the most in terms of overconfidence. I would like to define the word in my own terms as "To think you can handle everything the world has to throw at you." which is obviously a lie; There are absolutely a very high number of things we probably can't handle out there in the real world and we should aknowledge this. 

As a conclusion I think overconfidence leads to Recklessness and as a direct effect of this cause, we're left with a complete situation we're not ready to deal with. So the moral of the story is that it's okay if you're confident in yourself, but its always better to be cautious and prepared than to be bold and blunt. It's better to prevent certain situations than later be sorry for them even happening at all.

$4.50
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Defined as "an excess of confidence", overconfidence can negatively affect our lives by compromising our ability to make sound decisions, making us susceptible to various anti-social behaviors, and even endangering the lives of ourself and of others. 

First, overconfidence can compromise our ability to make sound decisions. One of the ways overconfidence manifests is in the way we overestimate our abilities and performance. Whether that's being overconfident in our IQ, in our talents, or in our academic performance, overconfidence gives us the illusion that we are actually more than what we are. 

The problem with this kind of thinking is that often times, it could compromise our ability to make sound decisions. Because overconfident people believe they are smarter, more talented, or more skilled than they really are, they would often place themselves in situations where they are truly out of depth, but are sorely unaware of it. A New York Times article described the situation as being"blind to their own blindness". Thus, we make our decisions with the confidence of an expert, when truly it just an amateur at the reins. 

So, we end up making bad trades at the stock market, giving terrible advise to family and friends, and planning the worst wedding of all because we were overconfident in our abilities as a trader, a relationship expert, and even a wedding planner. Overconfidence's impact could even be something as simple as someone overestimating their abilities to finish a project on time, so they end up missing critical deadlines--definitely the picture of compromised decision making. 

Second, overconfidence can make us susceptible to anti-social behaviors. A common side-effect of confidence is arrogance. We tend to think we are smarter than we are so are always mouthing off to our friends. If you think about the fact that this type of behavior is already annoying when exhibited by a truly smart person, then just imagine how much more annoying it is when the person regaling us with their "knowledge" isn't even smart, at all? That's the type of person others tend to stay away from. They're also the type that get left-off in group chats and uninvited to gatherings. 

Overconfident individuals also tend to have poor social skills. According to several studies, individuals who have self-enhancement biases, meaning those people who have a high regard for themselves than is justified, are usually more irritable and hostile. 

Finally, overconfidence, when exhibited by experts and other individuals who hold the lives of others in their hands can be danger to themselves and to others. It's one thing if a person's overconfidence leads a terrible singer to audition for a talent show, but it's an entirely different thing for an incompetent doctor to perform open-heart surgery. No wonder overconfidence has been blamed as one of the causes for some of the biggest tragedies in history--from the sinking of the Titanic, to the disaster in Chernobyl, and even the 2008 Financial Crisis. 

Thus, overconfidence can really affect our lives in a negative way. I guess the lesson to be learned here is "moderation". After all, as bad as overconfidence seems, the opposite--a lack of confidence--is just as bad. So, the key is to find a balance so that individuals can have confidence in themselves and their abilities, without going off the deep end and deluding themselves that they're all that.

Hope this helps.

Sources:

  1. Overconfidence Effect - Wikipedia. https://en.wikipedia.org/wiki/Overconfidence_effect
  2. Dont Blink! The Hazards of Confidence. https://www.nytimes.com/2011/10/23/magazine/dont-blink-the-hazards-of-confidence.html?ref=general&src=me&pagewanted=all
  3. Illusory Superiority - Wikipedia. https://en.wikipedia.org/wiki/Illusory_superiority
  4. Overconfidence. https://www.psychologytoday.com/us/blog/perfectly-confident/201801/overconfidence

(On a side note, this is actually one of the reasons why I like to use a lot of sources on my answers here at Musing.io. I can't be overconfident in my personal knowledge. Lol!)

$2.27
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Overconfidence can negatively impact the way you handle your expectations, actual results and how others can perceive your actions. Being overconfident about something does not necessarily mean being capable of handling whatever the task may be. 

Overconfidence may lead the person to lose their objectivity and make decisions without thoroughly thinking things through. They just have faith that their decisions are objective and on point when it is not really true.  

It can lead to creating unrealistic expectations of results that have yet to be observed. This may lead the overconfident person unable to handle failure especially when they are sure about their decisions.  

Overconfidence may also negatively impact the way a person relates to others as coming off being boastful when the person does not intend to. 

$1.24
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Over-confidence makes you to rate your skill too high and dive into circumstances that are past your controls.There is a distinction between seen capacities and reality.

It offers ascend to outlandish reasoning which in the end actually proves fatal.......

Surrendering to possess perspectives instead of hunting down inadequacies......

Having tolerance for other people opinion....

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The overconfidence impact is a cognitive bias that frequently results in recordable incidents and hundreds of close to misses. the overconfidence impact has been studied appreciably inside the context of choice making and threat taking.

a famous have a observe requested drivers to evaluate the protection in their the use of to the possibility drivers taking element inside the have a look at. 88% indicated that they have got been more secure than the not unusual reason strain. 60% said that they assume they will be one of the top 20% in phrases of the usage of well. simply there can be a disconnect amongst perceived capability and fact. that is the overconfidence impact and it is able to be lethal.

pick out out worldwide’s studies has identified that a few people are especially stimulated thru the overconfidence effect. those mavericks will regularly positioned more stock of their personal capacity and experience over protection policies. “rules are made for the others that aren’t as cautious and capable as i am.” anticipate tom cruise’s man or woman inside the movie pinnacle gun.

our intuitive device continuously overestimates our capability to manipulate the elements in our surroundings. this illusion of manipulate does have some adaptive advantages. entrepreneurs and hundreds of a success leaders very private this maverick, “i am capable of do it!” mind-set. an terrific outlook is important to reap goals. the “can do” attitude is a completely suitable trait possessed with the beneficial useful resource of personnel.

but, a maverick thoughts-set amplified via the availability heuristic (e.g. “i've over 10 years with out an twist of fate) ends in volatile hobby-internet web page online behaviors. overconfidence may additionally want to have lethal implications. endure in mind the facts stories of professional mountaineers that lose their lives because of overconfidence. “i am an professional climber that has conquered many mountains. from time to time in lousy weather. this storm doesn’t appearance that loads worse than preceding storms i’ve seen on mountains.”

the smithsonian reviews that over hundred bodies muddle the direction to mt. everest’s pinnacle. the ones patients were no longer silly humans or loopy thrill seekers. they expert for years and were pretty capable and clever. we emerge as patients to our non-public information of competence. ability caution signs and signs and signs are discounted and personal information is hyped up.

have you ever ever ever seen maverick behaviors at your paintings net internet site on-line? does your agency communicate close to misses in the end of safety conferences? what changed into going via the character’s mind proper earlier than the near to miss? the overconfidence impact likely impacted their preference making technique. prolonged self-reputation is step one to retaining off the terrible effects of the overconfidence impact.

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