

A cognitive illusion that causes us to overestimate the likelihood of positive events and underestimate the probability of disaster in our own lives.
You are starting a restaurant. 60% of restaurants fail in the first year. What are your chances of success?
👇 Choose one option:
Humans are biologically hardwired for optimism. Neurologically, the brain is excellent at processing information that suggests a bright future, but heavily filters out information indicating a personal threat. This was evolutionarily useful—if early humans truly calculated the odds of being eaten by a tiger, they never would have left the cave to hunt. However, in the modern world, this structural delusion causes us to under-save for retirement, ignore health warnings, and chronically underestimate how long projects will take (the Planning Fallacy). We treat statistics as things that happen to 'other people.'
Mount Everest is littered with the frozen bodies of highly successful, wealthy, intelligent people who paid $60,000 to die. Despite knowing the lethal statistics of the 'Death Zone' (above 8,000 meters), CEOs and elite professionals flock there every year. Why? Because their entire lives have been a series of successes. The Optimism Bias convinces them that the mountain cares about their willpower. In the 1996 Everest Disaster, seasoned guides and clients pushed past the hard turnaround time because they optimistically believed the weather would hold for 'just them.' The mountain didn't care. Nature is the ultimate destroyer of optimism bias.
Before starting any major project, gather the team and say: 'It is one year from today. This project was an absolute catastrophe. Why did it fail?' Force the brain to visualize the disaster before it happens.
Stop looking at your specific details. Look at the base rate of success for people in your exact situation. You are not the exception. You are the baseline.
Take your most conservative estimate for how much time, money, or effort something will take, and automatically multiply it by two. Buffer for the chaos you can't foresee.