About this video
The video explains why people are often overconfident and how it can lead to mistakes, using examples like Nick Leeson's big banking error.
🧠 Quiz & Trivia
Test your knowledge after watching!
Q1 What did Nick Leeson do that cost Barings Bank a lot of money?
Answer: He sold futures contracts instead of buying them.
Q2 How confident are people usually when they think they're right about something?
Answer: They say 100%, but in reality, it's not always true.
Q3 What does the Dunning-Kruger Effect show us?
Answer: People who are less skilled often overestimate their abilities.
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