Overconfidence

Lesson 7.1 · 9 min read

How long is the Yangtze River? Give a range you're 90% sure contains the true answer.

Many people write "5,000 to 6,000 km" and feel safe. The real answer is about 6,300 km, outside the range.

This isn't a one-off. Psychologists have asked large numbers of people questions like this: ranges people claimed to be 90% sure about often captured the true value only around half the time.

What overconfidence looks like

On FoMind's stats page, overconfidence shows up as the high-probability end of your calibration curve sitting below the diagonal: for example, forecasts you gave 90% came true only 70% of the time.

This is where the interactive demo “90% confidence interval quiz” lives: in the FoMind app you can drag the controls and see results update live.

Test yourself below

Below are 10 questions. For each one, give a range you're 90% sure about. If you're well calibrated, you should capture about 9; if you only capture five or six, your ranges need to be wider.

How to guard against it when forecasting

How to spot it in a review

If a forecast you gave a high probability didn't come true, look back: did you barely consider the other side? Did you turn "I think it's very likely" straight into 90%? If so, overconfidence may have played a part.

What feels like 90% is often closer to 70%: before giving a high probability, seriously think about how you could be wrong.

Key points

Continue this lesson in the app

  • Interactive demo: 90% confidence interval quiz
  • 4-question quiz (80% to pass)

FoMind ties every lesson to a real prediction: learn it, use it, check the outcome, and see where your judgment is sharp.

Learn about FoMind → Coming soon to the App Store · Free