That's one of the real dangers of leader selection in many organizations: leaders are selected for overconfidence.
Daniel KahnemanPeople are very good [at] thinking about agents. The mind is set really beautifully to think about agents. Agents have traits. Agents have behaviors. We understand agents. We form global impression of their personalities. We are really not very good at remembering sentences where the subject of the sentence is an abstract notion.
Daniel KahnemanExcept for some effects that I attribute mostly to age, my intuitive thinking is just as prone to overconfidence, extreme predictions, and the planning fallacy as it was before I made a study of these issues.
Daniel KahnemanThe evidence is unequivocal, there's a great deal more luck than skill in people getting very rich.
Daniel Kahneman