Thinking Fast and Slow: How to make better decisions and avoid hidden mind traps

Thinking Fast and Slow: How to make better decisions and avoid hidden mind traps

You think you're rational? Think again. We love feeling like thoughtful decision-makers, but the truth is we're riddled with cognitive shortcuts. Daniel Kahneman's Nobel Prize-winning work breaks down the systems of our mind. We constantly substitute hard questions with easy ones; e.g. Buying a stock because you like the company, not because you've done the data. This episode cuts through the 300,000-word book to show you exactly how these shortcuts lead to everything from bad investments to pointless stress about the weather. It's time to stop letting your brain’s simple tricks run your whole life. Stop overestimating the importance of your current stress. Identify and reduce low-level daily pains (like a bad commute) for massive life returns. Implement a "sleep-on-it" rule to override System 1's instant commitments. Why let a lazy brain ruin your best decisions? Start thinking slower today. Further Reading: ⁠Thinking Fast and Slow⁠ - Daniel Kahneman ⁠Predictably Irrational⁠ - Dan Ariely SPONSORS 👨‍💻 NordStellar Security across your business 20% off: BLACKFRIDAY-20 (valid before 10th Dec) 10% off: GROWTHMINDSET-10 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nordstellar.com/growthmindset⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 📚 ShortForm Book summaries of the worlds best books Free trail and 20% off code: Psychology https://www.ShortForm.com/Psychology NEW SHOW - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠How to Change the World: The History and Future of Innovation⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Learn about the evolving story of the human species and our ideas told in chronological order. Spotify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://open.spotify.com/show/1Fj3eFjEoAEKF5lWQxPJyT⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Apple - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://podcasts.apple.com/us/podcast/how-to-change-the-world-the-history-of-innovation/id1815282649⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ YouTube - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@HowToChangeTheWorldPodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ RSS feed - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://feeds.acast.com/public/shows/682b3b86696b5d1232d698a8⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ --- UPGRADE to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: 🏖️ Ad-free listening 🤘 Support the show 🔓 Exclusive AMAs and bonus content 💬 Community Discord ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠GrowthMindset.Supercast.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Growth Mindset Psychology: Sam Webster explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement. 📺 Watch - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube (Growth Mindset)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🛜 Website - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Growth Mindset⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ CHAPTERS 00:00 Understanding Cognitive Biases, comedy and systems of thinking 03:58 Deep Dive into System One and System Two Thinking 05:23 How System 1 and System 2 Work Together 06:49 System 1's Impact on Decision Making 08:26 System 1 and Politics 11:29 The Teenage Brain and System 2 Development 12:32 Cognitive Biases and Their Impact 17:45 The Law of Large Numbers 22:38 Prospect Theory, Risk Assessment and Loss Aversion 23:41 Rationality and Utility Theory in Economics 25:39 Prospect Theory: Perception of Value and Risk 27:16 Probability and Decision Making 29:29 The Experiencing Self vs. The Remembering Self 31:17 The Peak-End Rule and Its Impact on Memory 34:58 Momentary Pleasure vs Long-Term Satisfaction 38:09 The Focusing Illusion: What Really Matters 43:46 Final Thoughts and Recommendations Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jaksot(486)

Why no one understands their fears

Why no one understands their fears

Our genuine fears are hidden to us behind elaborate stories. To truly understand ourselves we need a lot of vulnerability, honesty, and curiosity to search within and examine our emotions. Tracy Litt is a spiritual advisor and mindset coach who is an expert on fear and the stories we tell ourselves. Her no-nonsense approach is full of legit good advice to help people sort their sh*t out. On the growth mindset with Sam Webster Harris, we explore the psychology of happiness, satisfaction, and purpose. Why they can be hard to find and how to build them through a process of self-reflection combined with an honest assessment of what is holding us back and what is driving us forward. Success and happiness is a state of mind unique to ourselves and is our responsibility to create. - - - Connect with Tracy - Website - https://thelittfactor.com/ - Podcast - https://podcasts.apple.com/us/podcast/the-how-of-within/id1533276485 - - - Connect with Sam 🧘‍♀️ Newsletter: https://explosivethinking.substack.com/ 🐦 Twitter: https://twitter.com/samjamharris 📸 Instagram: https://www.instagram.com/samjam.zen/ - - - Stay up to date: 🤓🤓🤓 💡 Podsite: https://www.growthmindsetpodcast.com/ GOAT Books to read (that changed my life) 📚📚🐐 🏃‍♀️ Atomic Habits: https://amzn.to/3O1F5MC 🧠 Mindset, psychology of success: https://amzn.to/42nYDzj 💰 Psychology of Money: https://amzn.to/3nNnXzs Hot Gear (that makes life bearable) ❤️‍🔥❤️‍🔥❤️‍🔥 🎙️ Shure MV7 Mic: https://amzn.to/42ufZdJ 🐭 Ergonomic Editing Mouse: https://amzn.to/42sdRTO 🦍 Joby GorillaPod: https://amzn.to/42nvx32 🦅 DJI Mini 3 drone: https://amzn.to/3pnBQEV Affiliate links - Perhaps my mum stops pressuring me to get a job... 🤷‍♀️ - - - 00:00 Intro 02:22 Judgement journal 03:17 Learning to be less controlling 06:00 How to start a transformation 10:40 Get comfortable feeling all of your feeling 12:46 Do you struggle with emotion? 13:59 Emotional distractions 16:09 The problem without getting angry 17:23 Screaming as therapy 18:00 Learning to embrace your voice 20:07 What should you fear? 26:35 Coaching others and finding coaches 30:05 Outro Topics Positive psychology Life Coaching Cognitive behavioral therapy Open humility Living with purpose Stoicism Long-term thinking Building healthy habits Habit formation Fixing anxiety Find your purpose Power of now Liberation from desire Capitalism and consumerism Societal norms Happiness in simplicity Dealing with Overwhelm Prioritizing commitments Growth mindset Psychology of Success Peak performance and Resilience Human potential Embracing failure Mental toughness Vipassana meditation Self-improvement Personal development Success Strategies Motivation and inspiration Goal setting and achievement Overcoming challenges Positive affirmations Visualization techniques Continuous learning Self-awareness and self-discovery Positive mindset Emotional intelligence Perseverance and determination Transformative life journeys Achieving greatness Harnessing inner strength Learn more about your ad choices. Visit podcastchoices.com/adchoices

11 Heinä 202333min

Focus on solutions, not problems

Focus on solutions, not problems

Our obsessions lean towards the problems and unsettled areas of our life. However, trying to control them is often impossible when we focus too much detail on them and don't get perspective on how to really fix them. We learn how to build awareness and find solutions to fix our problems with our strengths and channel attention to useful behaviors. - - - Connect with Sam: Sam's newsletter on creativity - Explosive Thinking  Watch the pod - YouTube - Growth Mindset Twitter - @samjamharris Instagram - @SamJam.zen - - - Chapters 00:00 Introduction 00:32 The problem learning to surf 02:54 Don't look up 04:25 Surfing is like driving 05:39 Surfing and driving is just like any sport 05:52 Life analogy 06:21 Running a business analogy 07:49 Get some perspective 09:25 Outro Learn more about your ad choices. Visit podcastchoices.com/adchoices

6 Heinä 202311min

Controlling your controlables

Controlling your controlables

Brian Biro Brian Biro is one of the foremost motivational and leadership speakers in the United States. With degrees from Stanford University and UCLA, he has spent the last 21 years delivering over 1,300 presentations around the world. A former vice president of a major transportation corporation, and the author of nine books including the bestseller, Beyond Success, Biro was rated #1 among 40 speakers at four consecutive Inc. magazine international conferences. He has appeared on Good Morning America, CNN’s Business Unusual, and the Fox News Network. We learn about seizing opportunities and focussing attention on the important factors that affect our outcomes and learning to ignore the noise and negative influences that can throw us off. - - - Connect with Sam: Sam's newsletter on creativity - Explosive Thinking  Watch the pod - YouTube - Growth Mindset Twitter - @samjamharris Instagram - @SamJam.zen - - - Chapters 00:00 Introduction 02:17 KISS principle 15:01 Pygmalion effect 22:20 Three controllables 46:50 Conclusion Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 Heinä 202351min

The price of admission: Success has a cost

The price of admission: Success has a cost

Success has a price. We often don't realise the costs of what we want and expect things to be perfect. Relationships will always have some problems where the positive outweighs the negative yet we obsess on fixing the flaws instead of embracing them. There are many other none prominent areas in life where things won't be perfect but we can learn to be happier and more relaxed by embracing problems as a price we need to pay instead of as a downside. - - - Connect with Sam: Sam's newsletter on creativity - Explosive Thinking  Watch the pod - YouTube - Growth Mindset Twitter - @samjamharris Instagram - @SamJam.zen - - - Chapters 00:00 Introduction 01:00 Concept of paying the price of admission 01:26 Relationships 05:51 Stock markets 07:18 The "perfect" job 07:58 Entrepreneurship 08:30 Summary Learn more about your ad choices. Visit podcastchoices.com/adchoices

29 Kesä 202311min

Interpreting your stories

Interpreting your stories

We tell ourselves stories every day about ourselves, who we are, how we react to things, and why we're great. It's important to read through the BS whilst at the same time positively motivating ourselves to do our best. It's not easy but it is important. We have Mike Follet on the show who runs a human behavior tracking company Lumen Research to talk about his insights into the stories we tell ourselves in business and in life. - - - Connect with Mike: Mike Follet - LinkedIn Mike's writing - The Media Leader Lumen's Twitter - @LumenResearch Lumen Research - Website - - - Connect with Sam: Sam's newsletter on creativity - Explosive Thinking  Watch the pod - YouTube - Growth Mindset Twitter - @samjamharris Instagram - @SamJam.zen - - - Chapters 00:00 Introduction 01:36 Opimising attenion 02:44 Importance of context, creative and targeting 04:16 Why is advertising interesting 09:50 Mike's biggest failure 14:13 Fixing their own problems 17:17 Advice 5 years ago 19:51 Kindest thing - honesty 23:04 Conclusion Learn more about your ad choices. Visit podcastchoices.com/adchoices

27 Kesä 202325min

The Art of Adaptability: Embracing Life's Curveballs

The Art of Adaptability: Embracing Life's Curveballs

Life has a knack for springing disasters on us at the worst moments. If we are too fixed in our thinking and planning we break, if we can learn to be adaptable we can bend with the forces of chaos and make the best of any situation. Life is short and learning to deal with the inevitable chaos with strength and positivity is an important skill to master. - - - Connect with Sam: Sam's newsletter on creativity - Explosive Thinking  Watch the pod - YouTube - Growth Mindset Twitter - @samjamharris Instagram - @SamJam.zen - - - Chapters 00:00 Introduction 01:11 Story 1 - Car crash 04:06 Story 2 - Sudden collapse 05:39 Story 3 - Dying 08:44 Disaster zones 12:35 Sam's conclusions for listeners Learn more about your ad choices. Visit podcastchoices.com/adchoices

22 Kesä 202314min

Limiting Mindsets in Sport and How to Overcome Them: Confessions of "average" Gold Medal Olympian

Limiting Mindsets in Sport and How to Overcome Them: Confessions of "average" Gold Medal Olympian

Sam sits down with Gold Medal Olympian Ben Hunt-Davis to learn about growth and the power of being humble. Ben is the author of "Will it make the boat go faster" which is a masterclass on how to become world-class in your pursuits and how we can leverage our strengths and learn from our weaknesses. Ben's rowing team revolutionized the training methods athletes used to be their best and he now applies his lessons to business coaching working with elite teams to improve leadership and business performance. - - - Connect with Sam: Sam's newsletter on creativity - Explosive Thinking  Watch the pod - YouTube - Growth Mindset Twitter - @samjamharris Instagram - @SamJam.zen - - - Chapters 00:00 Introduction 01:40 Maturity and athleticism 03:36 The flaw in 10,000 hour rule 04:04 Mistakes as an Olympian 05:34 The power of losing 06:06 Common sense isn't common practice 07:22 Will it make the boat go faster 09:22 The risks of Olympians 11:40 What if he had lost? 13:47 Retiring as an Olympian 15:24 Importance of being good a what you do 17:43 Biggest lessons as a coach 22:01 Bulls#!t filters 23:44 Conclusion Learn more about your ad choices. Visit podcastchoices.com/adchoices

20 Kesä 202326min

4 surprising benefits of kindness

4 surprising benefits of kindness

We all like to think of ourselves as kind. However, actually giving to others isn't always natural and can feel wrong when we work so hard for what we have. We love to find ways to save time and do more to help others whilst having good things come back to us. This episode explains some ideas and benefits for a framework that makes giving much easier and without any surprises costing time or money you don't have. - - - Connect with Sam: Sam's newsletter on creativity - Explosive Thinking  Watch the pod - YouTube - Growth Mindset Twitter - @samjamharris Instagram - @SamJam.zen - - - Chapters 00:00 What are Charity Budgets 01:24 Increasing happiness 02:45 Cultivating kindness 03:40 Walking the walk 04:30 Be more impressive 05:25 Things come back around 06:16 What budget to set? 07:22 Climate 09:28 Outro Learn more about your ad choices. Visit podcastchoices.com/adchoices

12 Kesä 202311min

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