Updated: February 15, 2021
Listen to Episode 57:
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Episode 57 Chapters:
- 01:15: The Perfect Pair of Jeans
- 03:26: Bad Intuitive Statisticians
- 05:22: Episode Break
- 07:27: A Bias Towards Instant Gratification
- 08:40: My Bitcoin Regret
- 10:48: Heart vs Mind
Excerpts and Highlights:
We are poor at keeping score, so the times when we did not follow our heart and regretted the outcome are stronger as a memory than all those times when we followed our logical mind and avoided remorse.
When we do something right, it’s uncommon for us to imagine the things that could have happened if we made the wrong choice. But when we make a mistake, we repeatedly play in our head the things that we could have done instead.
“Follow your heart, but take your brain with you.” –Dr. Alfred Adler
Dickson, Ryan A et al. “The reminiscence bump for salient personal memories: is a cultural life script required?.” Memory & cognition vol. 39,6 (2011): 977-91. doi:10.3758/s13421-011-0082-3
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