A new study used a computational model to analyze overconfidence in entrepreneurs and found that certain combinations of personality biases, which seem “toxic,” turn out to benefit entrepreneurs, such as this equation: overconfidence + overreaction to information gathered = near-optimal results.

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A new study used a computational model to analyze overconfidence in entrepreneurs and found that certain combinations of personality biases, which seem “toxic,” turn out to benefit entrepreneurs, such as this equation: overconfidence + overreaction to information gathered = near-optimal results.