Kahneman (2011) explains different concepts and examples for overconfidence to help provide differing scenarios that can help someone reflect on their initial thoughts. Firstly, the passage discusses the way CFO's overconfidence provided a perception for a specific scenario towards the market which didn't happen. Another example is the topic of clinicians, which Kahneman (2011) explains that uncertainty is seen as a vulnerability. These scenarios provide insight on how the perception of overconfidence towards decisions can have setbacks. Kahneman (2011) further expresses the importance of optimism and the different ways it can affect decisions. The role of optimism can have mixed results but the resilience in it can be seen as beneficial for overcoming failures. This further states that's overconfidence is a result of system 1 thinking where it is an instant reaction and process but there is also the ability to change this and process overconfidence at a more patient pace. An experience where my overconfidence influenced my decision making was this one time in high school. I was having a conversation with my friend where she had asked me if I knew how to jump rope. I recalled my childhood and how much I loved jump rope by expressing yes, I've very good at it. I had not jumped rope in years. Later that day, during our shared gym class, my friend approached me and stated that the coach was letting us do an exercise day where we would do push-ups, jumping jacks and by my friends request jump rope. I did horrible trying to jump rope, and reflecting now realize I was overcon