Examlex
The short-term interest rate differential between two countries is a good indicator of of the forward premium on the currencies, but not the forward discount.
Humility
The quality of having a modest or low view of one's importance, often allowing individuals to remain open and teachable.
Hindsight Bias
The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome, often referred to as the "I-knew-it-all-along" effect.
Overconfidence
A cognitive bias where an individual's subjective confidence in their judgments is reliably higher than their objective accuracy, leading to potential errors in decision making.
Hindsight Bias
The predisposition to think, once an event has taken place, that one could have predicted or anticipated its outcome.
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