A Quote by Hersh Shefrin

Reality looks much more obvious in hindsight than in foresight. People who experience hindsight bias misapply current hindsight to past foresight. They perceive events that occurred to have been more predictable before the fact than was actually the case.

Hersh Shefrin

Quote Topics

Actually Been Before Bias Case Current Events Experience Fact Foresight Hindsight Looks More Much Obvious Occurred Past People Perceive Predictable Reality Than

Quote Author

Hersh Shefrin
Canadian - Professor
Born: 1948

Hindsight is notably cleverer than foresight.

Chester W. Nimitz

It is easy to act as a Saturday morning quarterback and replay the game lost the night before. All of us seem to have better hindsight (the ability to see after the event what should have been done) than foresight

Carlos E. Asay

Hindsight. It's like foresight without a future.

Kevin Kline

Hindsight is good, foresight is better; but second sight is best of all.

Evan Esar

The inevitable effect of a biographer's hindsight is to belittle the subject's foresight.

Clive James

Hindsight is not necessarily the best guide to understanding what really happened. The past is often as distorted by hindsight as it is clarified by it.

Amos Elon

The real trick in life is to turn hindsight into foresight that reveals insight.

Robin Sharma

Hindsight is a wonderful thing but foresight is better, especially when it comes to saving life, or some pain!

William Blake

And why do we worship hindsight (as in the news media's constant rehash of the day, the week, the year) and yet distrust foresight, which actually might make a difference in our lives?

Gavin de Becker

Hindsight, usually looked down upon, is probably as valuable as foresight, since it does include a few facts.

Grace Paley

Oh! the wisdom, the foresight and the hindsight and the rightsight and the leftsight, the northsight and the southsight, and the eastsight and the westsight that appeared in that august assembly.

John Adams

In the financial markets, hindsight is forever 20/20, but foresight is legally blind. And thus, for most investors, market timing is a practical and emotional impossibility.

Benjamin Graham

We will come to understand the part a difficult circumstance has played in our lives. Hindsight makes so much clear. The broken marriage, the lost job, the loneliness have all contributed to who we are becoming. The joy of the wisdom we are acquiring is that hindsight comes more quickly. We can, on occasion, begin to accept a difficult situation's contribution to our wholeness while caught in the turmoil.

Karan Casey

Lucky risk takers use hindsight to reinforce their feeling that their gut is very wise. Hindsight also reinforces others' trust in that individual's gut.

Daniel Kahneman

It's a bit counter-intuitive to think about the future in terms of the past. But...I've learned an important trick: to develop foresight, you need to practice hindsight. Technologies, cultures, and climates may change, but our basic human needs and desires - to survive, to care for our families, and to lead happy, purposeful lives - remain the same.' p 5