Understanding the Fundamental Attribution Error

This chapter explores the fundamental attribution error, illustrating how people often credit their successes to personal abilities while blaming failures on external factors. Through various examples, including business decisions during the COVID-19 pandemic and the dot-com boom, the discussion highlights the cognitive biases that affect perception in both personal and professional contexts. It emphasizes the importance of learning from experiences rather than just focusing on outcomes, ultimately shedding light on the complexities of success and decision-making.