Why You Make Bad Decisions: Confirmation Bias and the 7 Sins of Lazy Thinking [Cognitive Biases #4]

Why You Make Bad Decisions: Confirmation Bias and the 7 Sins of Lazy Thinking [Cognitive Biases #4]

How to make smarter decisions that improve your life by understanding your mind and it's hidden psychology. We are all storytelling creatures, desperate to fit the world into a narrative that makes sense to us. Thus, we build echo chambers not because we are stupid, but because we are afraid. The Confirmation Bias is a shield against the discomfort of being wrong. The Availability Bias shapes our worldview based on the loudest stories, not the most important facts. This episode reviews 7 cognitive biases the explore the friction between what is comfortable and what is true. Learning helps us build tools for the art of long-term thinking in a short-term world. Audit your inputs: Step outside your algorithmic feed to find the friction of opposing views. Reframe the risk: Turn "Black Swan" surprises into "White Swan" predictions by analyzing the unsexy data. Choose commitment: Overcome the paralysis of infinite choice by making a "good enough" decision and sticking to it. Go make a ruckus by choosing to think clearly today. SPONSORS 👨‍💻 NordStellar Security across your business 20% off: BLACKFRIDAY-20 (valid before 10th Dec) 10% off: GROWTHMINDSET-10 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nordstellar.com/growthmindset⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 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 The Confirmation Bias 04:14 The Availability Bias 07:08 The Neglect of Probability Bias 09:12 Black Swan vs. White Swan Events 11:00 The Hindsight Bias 13:47 The Outcome Bias 16:15 The Paradox of Choice Bias 18:56 The Time Discounting Bias 21:10 Becoming More Rational Thinkers 22:14 Wrap Up Learn more about your ad choices. Visit podcastchoices.com/adchoices

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The Startup Bakery - Iterating towards Product Market Fit with Tomiwa Adey

The Startup Bakery - Iterating towards Product Market Fit with Tomiwa Adey

Tomiwa Adey is a young tech entrepreneur who has founded several start-ups, learning a lot from his successes and failures. He offers a humorous insight into the trials and tribulations of being a tech entrepreneur and how to develop a positive mindset - - - On the growth mindset podcast with Sam Webster Harris, we explore the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement. Success and happiness is a state of mind unique to ourselves and is our responsibility to create. Through a process of honest self-reflection of what is holding us back and what is driving us forward, we can lose the ego and build awareness of how to be the best we can be. - - - Connect with Sam: Sam's newsletter on creativity - Explosive Thinking Watch the pod - YouTube (Growth Mindset) Twitter - @samjamharris Instagram - @SamJam.zen - - - Show: Growth Mindset, psychology of self-improvement Episode: The Startup Bakery - Iterating towards Product Market Fit with Tomiwa Adey Learn more about your ad choices. Visit podcastchoices.com/adchoices

20 Sep 201745min

Intro interview - Sam & Jane Harris

Intro interview - Sam & Jane Harris

The first introduction episode to the Growth Mindset Podcast. Sam looks back at his life with his mother Jane and explores some of the main events and funny stories that cultured his growth mindset. Fair warning, I had no idea how to run a podcast at this point. For now it's cute to have this to look back on if you're interested but don't expect anything incredible =) The Harris family get excited Learn more about your ad choices. Visit podcastchoices.com/adchoices

5 Sep 201734min

Growing Startup Teams - Dean Hume, CTO at Settled.co.uk

Growing Startup Teams - Dean Hume, CTO at Settled.co.uk

Dean Hume is the author of the book Building Great Start Up Teams and various tech books like ASP.Net Websites and is passionate about web performance He is also a full-time developer and CTO. He shares great insights into running and growing a successful teams and his philosophies on life. Learn more about your ad choices. Visit podcastchoices.com/adchoices

24 Aug 201741min

Putting the Touch in 'Touchless' Tech! - Tom Carter - Founder & CTO, Ultrahaptics

Putting the Touch in 'Touchless' Tech! - Tom Carter - Founder & CTO, Ultrahaptics

Tom Carter is the Founder and CEO at UltraLeap. When I interviewed him for this episode back in 2018 they were called Ultrahaptics. They are a leading technology company making mind-blowing technology that lets users feel the sensation of touch in mid-air. On the podcast, he shares some amazing insights into what he has learned along the way building a tech business and learning to be humble as well as wildly aspirational. Learn more about your ad choices. Visit podcastchoices.com/adchoices

16 Aug 201756min

Learned Helplessness and Learned Optimism - Unleash Awesomeness

Learned Helplessness and Learned Optimism - Unleash Awesomeness

The story of the growth mindset is rooted in our understanding of learned helplessness and learned optimism. Our tendency to learn to accept a situation and give up on changing it is the root of a fixed mindset. Our ability to behave optimistically and learn to seek new solutions to recurring problems is the root of a Growth mindset. The concept of a Growth Mindset was developed by Carol Dweck expanding on the previous work of Martin Seligman to create a deeper understanding of success and achievement. In this episode, we dive into the work that helped lay the ground for the true self-improvement movement from a psychological perspective and set the foundations of understanding for the podcast. Learn more about your ad choices. Visit podcastchoices.com/adchoices

8 Aug 201738min

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