2 Usage Examples Depicting the Meaning of 'Overconfidence' in a Sentence
"The quality of possessing an unrealistically high opinion of one’s own judgment, abilities, powers, etc. Underestimating the enemy can induce laziness and encourage overconfidence. Psychologists have determined that overconfidence causes people to overestimate their ability to control events and underestimate risks." more
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Overconfidence in the stability of the market caused investors to overlook warning signs of an impending economic downturn.
Overconfidence in predicting market trends led to poor investment decisions in the volatile cryptocurrency market.
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