Quotes About Overvalue

1. The first psychological fallacy is the tendency to overvalue wagers involving a low probability of a high gain and to undervalue wagers involving a relatively high probability of low gain. The best examples are the favorites and the long shots at racetracks.

Too many investors overvalue companies in the near term while undervaluing them in the long term.

Whether they are able to enact it as lived practice or not, many white folks active in anti-racist struggle today are able to acknowledge that all whites (as well as everyone else within white supremacist culture) have learned to overvalue "whiteness" even as they simultaneously learn to devalue blackness.

People overvalue their knowledge and underestimate the probability of their being wrong.

People ridiculously overvalue aesthetics and beauty when evaluating products. It's one of the reasons iPods, and, for that matter, Keanu Reeves, are so successful.

The near-continuous stream of new information pumped out by the Web also plays to our natural tendency to "vastly overvalue what happens to us right now," as Union College psychologist Christopher Chabris explains. We crave the new even when we know that "the new is more often trivial than essential."33

The near-continuous stream of new information pumped out by the Web also plays to our natural tendency to "vastly overvalue what happens to us right now," as