We often believe we have more control over events than we actually do. This illusion of control can lead to overconfidence and poor decision-making. Dobelli illustrates this with examples from gambling and business, where people think their actions influence outcomes more than they do. 'You control less than you think,' he warns, urging us to recognize the limits of our influence. | Rolf Dobelli | The Art of Thinking Clearly

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The Illusion of Control: Overestimating Influence

We often believe we have more control over events than we actually do. This illusion of control can lead to overconfidence and poor decision-making. Dobelli illustrates this with examples from gambling and business, where people think their actions influence outcomes more than they do. 'You control less than you think,' he warns, urging us to recognize the limits of our influence.

-- Rolf Dobelli