What is overconfidence?
Assigning narrower confidence intervals to projections than the data supports: optimistic timelines, rent growth, and exits. Corrected with reference-class forecasting and base rates.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.