We celebrate 'hard work" but forget to consider the benefits of thinking "hard thoughts".
This episode teaches how to navigate uncertainty without taking easy options by building a capacity for complexity.
Allow doubt to improve our decisions
Understand multiple causes behind outcomes
Reduce judgement of others
Improve your field of vision
Weight statistics properly
Take ownership of forming opinion without using others
Accept lower confidence and greater accuracy
The mind is full of complexity and it relentlessly tries to optimise and take shortcuts. This serves is well in many aspects but cultivating a practice of taking the harder path in our thinking allows us to see hidden truths behind out assumptions.
To arrive at better decisions we need to learn to balance uncertainty with statistics and see beyond our limited field of view. It isn't easy but the benefits can greatly improve your outcomes and your mindsets.
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Chapters: 00:00 Benefits of thinking hard thoughts 01:12 Optimizing for the wrong things 03:59 1st - Elimination of doubt 06:55 2nd - Single cause explanation to complex events 09:12 3rd - Justification of your own action whilst judging the actions of others 12:02 Morgan Housel - we are blind to the vast majority of what people are thinking 12:12 Lessons from the book 'Evil' 14:20 4th - Your own field of vision is the same as everyone else's 18:05 5th - The desire to prioritize stories over statistics 20:46 6th - Outsourcing our hard decisions to the opinions of pundits, consultants, and experts 24:09 7th - Overconfidence 26:21 Annie Duke - Thinking of bets 28:22 Accepting probabilities and the reality of a situation 29:33 Outro Learn more about your ad choices. Visit podcastchoices.com/adchoices
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