Thanks for the insightful comment! I added these four biases to the Doc:
Single Cause FallacyYou think there’s one cause when there are many.
Attribute SubstitutionYou value insurance on terrorism higher than on death of any kind.
Introspection IllusionYou confidently but falsely explain the origin of your beliefs.
Status Quo Bias (aka homeostatic prior)You want things to stay as they are.
Quote for you on inaction bias: “The mistakes that have been most extreme in Berkshire’s history are mistakes of omission.” -Warren Buffett
Thanks for the insightful comment! I added these four biases to the Doc:
Single Cause Fallacy
You think there’s one cause when there are many.
Attribute Substitution
You value insurance on terrorism higher than on death of any kind.
Introspection Illusion
You confidently but falsely explain the origin of your beliefs.
Status Quo Bias (aka homeostatic prior)
You want things to stay as they are.
Quote for you on inaction bias: “The mistakes that have been most extreme in Berkshire’s history are mistakes of omission.” -Warren Buffett