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Showing 187 biases.

Not Enough Meaning

We tend to find stories and patterns even when looking at sparse data

Anecdotal fallacy

Description

Using a personal experience or an isolated example instead of sound arguments or compelling evidence. (Related to fallacy of insufficient statistics / hasty generalization)

Anecdotal fallacy in business decision

A CEO makes a major strategic decision based on one vivid success story from another company, rather than on comprehensive market research relevant to their own company.

Anecdotal fallacy in personal life decision

You believe smoking isn't harmful because your grandfather smoked daily and lived to 90.