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 ...

The gambler’s fallacy is an important example of betting jargon and one that describes a common and problematic mindset that may impact your decision-making when gambling online. This is also known as ...

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 ...

To persuade you, people often try to use logical fallacies (Credit: Javier Hirschfeld) When people are trying to persuade you, they sometimes reach for underhand tricks like the 'appeal to ignorance' ...

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 ...

When we refer to fallacies, we are describing things that are mistakes, and if they are logical fallacies, they are mistakes in reasoning. It is impossible to read the news today or (worse) watch the ...

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 ...

If you know the enemy and know yourself, you need not fear the result of a hundred battles. —Sun Tzu Source: Viktor Vasnetsov/Wikimedia Commons (Public Domain) The enemies of rational thought can take ...

Logic and negotiations, for example, often do not go together. While many people might proclaim they are being rational, the complications are multiple opinions about what is true and convictions ...