Clear and rational thinking is essential for effective decision-making and communication in the work place. However, logical fallacies—errors in reasoning that undermine the logic of an argument—are ...

What happens when an entrepreneur realizes their project isn't delivering? It can create a crossroad between perseverance and prudence—the point where passion meets pragmatism. The resulting decision ...

Andrew Beattie was part of the original editorial team at Investopedia and has spent twenty years writing on a diverse range of financial topics including business, investing, personal finance, and ...

Perhaps the hardest decision a small-business owner ever faces is when to end a business pursuit. Did you ever think you might have something in common with supersonic transportation? Let me tell you ...

Gambler’s fallacy is a common cognitive bias that affects decision-making, especially in areas like gambling, investing, and trading. In this article, we’ll strive to break things down by giving you a ...

As an entrepreneur, sharp decision-making is your superpower, but thinking traps can hinder your success. Learn how to navigate these pitfalls and strengthen your decision-making skills with insights ...

What do governments, businesses and individuals have in common? They’ve all invested time and money in forecasting how long a project will take to complete. Despite the forecasting, every one of them ...

Logical fallacies are flaws in reasoning. They are often called informal fallacies. It's becoming more common for people to call out these fallacies by name. You often hear accusations of people ...

So hurricane Irene is over with, but it didn’t take long for economic commentators to make fools of themselves. David Kotok is the chairman and chief investment officer of Cumberland Advisors. He was ...

What is the Ad Hominem Fallacy? The ad hominem fallacy occurs when someone attacks the person making an argument rather than the argument itself. This fallacy diverts attention from the actual issue ...