Money Changes Everything
Newsweek|June 29 - July 06, 2018 Double issue

Including confi dence, but not in the ways you might think

Jessica Wapner
Money Changes Everything

CONFIDENCE IS AN ASSET— until it isn’t. It’s also a balancing act: Certainty is essential to moving forward, but too much of it can make it hard to see when we’re wrong. Add money to the mix, says a new study, and we run into trouble.

Accurately assessing what the study refers to as “the quality of our answers, actions or statements” is crucial for so many aspects of life. We want to know not only that our doctor or investment banker is confident about a recommendation but also that this confidence is itself reliable.

That’s true for anyone we look to for advice, including ourselves.

This story is from the June 29 - July 06, 2018 Double issue edition of Newsweek.

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This story is from the June 29 - July 06, 2018 Double issue edition of Newsweek.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

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