Question

Albert decided to invest in several cutting-edge green energy firms. Albert's wife supported his venture. A year later, when five of the six firms had failed, Albert's wife was furious and told him that "anyone" could have seen that these companies were going to fail. Albert's wife demonstrates the I-knew-it-all-along phenomenon, or the _____ bias.

Answer 1

Answer:

hindsight bias

Explanation:

According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question this is known as the hindsight bias. This is a phenomenon  describing the tendency that people have of assuming that something was going to happen but only after the event has occurred.

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