Why you overvalue your own ideas

And why you shouldn't.

by Adam Gale

Self-belief is usually seen as a good thing. Rising business stars are encouraged to back themselves, to take chances and put themselves forward.

Yet self-belief is of little use if it’s delusional. In fact, it’s positively dangerous. 

The problem is that people have a distinct tendency to overestimate their own capabilities, including the quality of their ideas, as a study recently published in the Academy of Management Journal shows.

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