Confirmation Bias and the 7 Sins of Lazy Thinking - [Cognitive Biases pt. 3]

7 ways we are wired to be really dumb + How to become rational
Today's episode covers 7 perception and decision-based cognitive biases that cloud our judgement.

• Confirmation Bias and NASA
• Availability Bias and Tornadoes
• Neglect of Probability Bias and Gambling
• [Bonus] - Black vs White Swan events and how to avoid being wiped out
• Hindsight Bias and Dua Lipa
• Outcome Bias and being Right when we were Wrong
• Paradox of Choice Bias and the depressing nature of optionality
• How the Time Discounting Bias causes Climate Change

Give it a listen and unmuddy the waters of your mind to become a more rational and clearer thinker.

Further reading:

• Thinking Fast and Slow - Daniel Kahneman - UK Book - US Book
• Predictably Irrational - Dan Ariely - UK Book - US Book

Further Listening
Enjoyed this episode? Check out the rest of the Cognitive Ciases series:

• Ego Blindspots: 9 Cognitive Biases to Avoid - [May 7th]
• Human Nature vs. Money: Battling Irrationality & Thinking Traps [May 19th]
• [YOU ARE HERE] - Confirmation Bias
• Reality Distortion: The 7 Illusions of Perception Impact Everyone - [June 18th]
• Cognitive Rigidity: How Einstein Overcame the 5 Biases that Keep Us Stuck - [June 19th]
• Thinking Fast and Slow: How to Make Better Decisions - [July 12th]

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Chapters
00:00 The Confirmation Bias
04:13 The Availability Bias
07:07 The Neglect of Probability Bias
09:11 Black Swan vs. White Swan Events
10:59 The Hindsight Bias
13:46 The Outcome Bias
16:10 The Paradox of Choice Bias
18:52 The Time Discounting Bias
21:06 Becoming More Rational Thinkers
22:06 Wrap Up

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