Think you’re an expert on biology, literature, philosophy or anything else? Read on…
‘Know-it-alls’ don’t know as much as they think, new research finds.
The more people think they know about a topic, the more likely they are to claim that totally made-up facts are true, psychologists have found.
In the study, 100 people were given a general knowledge quiz about personal finance.
They were also shown a list of financial terms which were mostly real.
Mostly. But not all.
In fact, three terms were made up: ‘pre-rated stocks’, ‘fixed-rate deduction’ and ‘annualized credit’.
People who thought they were financial experts were more likely to claim they knew all about these three totally bogus terms.