![hindsight examples hindsight examples](https://strategencecapital.com/wp-content/uploads/2016/05/Hindsight-Bias.png)
Asset allocation on the other hand, helps you plan for risks and tries to reduce
![hindsight examples hindsight examples](https://hindsightapproach.com/wp-content/uploads/2020/03/lightblub.png)
The batsmen would have simply taken their chances and got lucky.
![hindsight examples hindsight examples](https://image.slidesharecdn.com/personalfinanceforengineers-110415173258-phpapp02/95/slide-11-1024.jpg)
People who have played cricket know that scoring 20 runs in one over against a top bowler is a very difficult task. If you always knew that your team will win the match then you may be exhibiting hindsightīias. Your team scores the required runs and wins the match. Your favourite team is playing in the IPL final, needing 20 runs to win in the final over.Distributor Initiated Transaction (DIT).