30 cognitive biases & psychological misjudgments - part 1 (Do YOU Know thyself?)

Whether we know it or not, we all have biases in our thinking. Want to know how to recognize them and even benefit from them? You can, as you are taking a big step towards increased self-awareness by learning about them and how to minimize their potential downsides, so thanks for checking out this video, hopefully, you enjoy what you see. In the future, there may be individual videos covering each section but for now, we went with a concise overview.
*There is a correction that needs to be made at (00:47) where Epictetus is mistakenly quoted. The quote is actually from Kevin Vost from his book on Stoicism. I apologize for the misattribution and am not able to edit it out due to malfunctions in the KZbin editor that cause the entire audio to become out of alignment.
Watch PART 2 here:
• 30 cognitive biases & ...
#cognitivebias #bias #cognitivebiases #misjudgement #reason #psychology #charliemunger #wisdom #tendencies #influence
Topics Covered in part 1:
1.) Fairytale dreams tendency aka excessive optimism bias
2.) Pathway to perdition tendency aka excessive pessimism bias
3.) Reward and punishment conditioning tendency
4.) Bias from mere association
5.) Self-interest and incentive bias
6.) Overly optimistic self-serving tendency
7.) Self-deception and pain-avoiding denial
8.) Inconsistency-avoidance tendency
9.) Deprival bias
10.) Do-nothing syndrome
11.) Tendency of impatience
12.) Envy or Jealousy tendency
13.) Compare, contrast, and anchoring misreaction tendency
14.) Vivid or recent availability bias
15.) Unavailability bias
Bitclout:
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If you feel that you need more in-depth information I encourage you to pick up some of the books mentioned below. The creativity of this video was augmented with a good amount of research from some very high-quality sources most of which are tied to the insights of Charles Munger. These resources and references and also recommended reading are listed below in approximate order of relevance.
Bibliography & recommendations:
(Creativity was used in the naming of the biases, actual biases were drawn from resources below)
Seeking Wisdom - amzn.to/3ccKuue
Poor Charlie’s Almanack - amzn.to/2K3TVjH
Influence - amzn.to/3b6PSyR
yourbias.is/
Decision-Making Blueprint - amzn.to/2Ve3TW5
en.wikipedia.org/wiki/Social_...
The Psychology Book (Big Ideas) - amzn.to/2wDRHEm
How To Win Friends And Influence People - amzn.to/3bqu7tO
Thinking, Fast and Slow - amzn.to/2xQvxiK
en.wikipedia.org/wiki/Milgram...
en.wikipedia.org/wiki/Heuristic
www.courageouschristianfather...
www.brainyquote.com/authors/e...
psychology.wikia.org/wiki/Emo...
www.azquotes.com/author/4528-...
en.wikipedia.org/wiki/Hormesis
en.wikipedia.org/wiki/Synergy
www.investopedia.com/terms/e/...
*As an Amazon Associate I earn from qualifying purchases.
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[@ProgressLeavesClues]

Don't forget to subscribe :) kzbin.info/door/qwv2pNwm2toS7IzZrvLGPA

[@poemears2127]

your vids are insightful. Keep up the good work.

[@khooskzad5612]

man you are the champ, keep doing this. I'm an entrepreneur and mental models are the holy grail that we need in these times. Thank you my man!

[@ProgressLeavesClues]

Thanks, encouragement is always appreciated 🙏

[@loganmartin6534]

A book you might like for working with people is What do you say after you say hello by Dr. Eric Berne M.D it comes with all sorts of graphs and delves into ego states, and much more.

[@loganmartin6534]

Dr. Eric berne book the games people play happens to be on youtube.

[@angelokent2018]

Your calm voice makes me grasp this information at ease ..

[@JamesV1]

Glad to see you back! Always a topic I've been interested in, looking forward to delving into my biases!

[@ProgressLeavesClues]

Thanks! I appreciate you noticing.

[@corinnet9822]

Thank you -- very informative

[@dusertest3666]

Brilliant job!

[@ProgressLeavesClues]

Thanks!

[@Basstroutfishing]

Buffet fan I take it, good summation young man.

[@eliosgreek8028]

Great video 📹

[@lenja93]

Voor de studenten sociale psychologie: 1. Fairytale dreams tendency AKA excessive optimism (te veel optimisme, waardoor we geloven dat slechte dingen alleen bij slechte mensen gebeuren) 2. Pathway to perdition tendency AKA excessive pessism bias (te veel pessimisme, verleden was beter en de toekomst is altijd slechter) 3. Reward and punishment conditioning tendency (wat positief beloond wordt, wordt herhaal. Straffen en belonen) 4. Bias from mere association (pavlov, associatie. We moeten leren daardoor te zien) 5. Self-interest and incentive bias (mensen doen wat ze denken dat het best voor zichzelf is) 6. Overly optimistic self-serving tendency (mensen die gewoon presteren, beschouwen zichzelf als buitengewoon en gaan externe dingen beschuldigen terwijl we het bij anderen als intern beschouwen. Succes = intern, falen = extern) 7. Self-deception and pain-avoiding denial (pijn vermijden) 8. Inconsistency-avoidance tendency (we zijn het meest consistent wanneer we een onderzoek, doel of inspanning hebben gedaan. We blijven consistent met de dingen die we eerder geloven en zien dingen die dat bevestigen) 9. Deprival bias (iets laten gaan waar we inspanning voor hebben gedaan, doet pijn) 10. Do-nothing syndrome (we willen zo weinig mogelijk inspanning doen en doen liever niks dan inspanning te moeten doen) 11. Tendency of impatience (we kiezen liever directe beloningen dan lange termijn beloningen) 12. Envy or jealousy tendency (we zijn gelukkiger als we rond anderen zijn die gelijk zijn en we daar niet jaloers op zijn) 13. Compare, contrast and anchoring misreaction tendency (kleine stapjes nemen tot een rampsituatie omdat de stap niet zo veel erger is dan de vorige, tot het verschrikkelijk is. Ook bij ‘vroeger €50, nu €30’ terwijl €30 eigenlijk nog te veel is) 14. Vivid or recent availability bias (wat recent in ons geheugen zat, gaat sneller opkomen. Bv. Haaienaanval op tv, we denken eraan als we gaan zwemmen) 15. Unavailability bias (wat niet opkomt, kan ook een bias zijn: missing information. We letten niet op wat NIET genoemd wordt)

[@Audio-apps]

Just found your channel, great work on worthy topics. After a quick search, I didn’t find the Epictetus quote at 1:00. I don’t have any publications of his writings, could you cite your source?

[@ProgressLeavesClues]

I really appreciate you bringing that to my attention! I went back over my notes and discovered an error. The quote was from a book on Stoicism and Epictetus with translations and commentary. Somehow my notes attributed a quote that was in the authors voice to that of Epictetus himself. I have edited out the quote and apologize if anyone else mistakenly believed it to be the words of Epictetus. I liked the quote and would have left it in the video if the KZbin editor would have allowed me to change the attribution, but it will not, so I will note it here in case others are interested. "We believe false things and act upon false beliefs, yet we stand quite ready to prove to someone that he should not believe what is false." -Kevin Vost, author of the book: The Porch and the Cross

[@Audio-apps]

@@ProgressLeavesClues Thanks. It’s so apt for our times, and well, all times, as most Stoic quotes are. Attributions are generally of minor importance compared to content, but yet, still good to get right. Said no one, but me... 😆

[@fatkhuloff]

This is awesome man. I don't know why you only have 6k subs... Keep going! I further dug into Charles Munger's books and they're also awesome. Highly recommend his take on Psychology Human Misjudgment. It's a gamechanger for anyone interested in self-improvement.

[@pruff3]

I like the video so I subscribed. Halo bias!

[@theswedishpolyglot]

Great video :)

[@ProgressLeavesClues]

Thanks 🙏 I personally think Part 2 is even better 🤓

[@ricochetsixtyten]

Im the least biased person according to my own biases

[@okayokay1979]

How can i support you for this beautiful content?

[@ProgressLeavesClues]

Share it with a friend , Need subscribers :)

[@okayokay1979]

@@ProgressLeavesClues consider it done :)

[@SneakySteevy]

12:23 this is also anchoring bias

[@whatyouneedtoknow]

Here's a video we made about unconscious bias kzbin.info/www/bejne/iJnUfnifibt8ebc which I thought you might find interesting.

[@deepanshu4866]

Bro make more videos binge watched them all.

[@ProgressLeavesClues]

Will do :)

[@WayOfThinkingInMalayalam]

Can you add subtitle for this video..?

[@niteshgupta5490]

Is this summary of any book. If yes plz named it

[@ProgressLeavesClues]

Read the video description, sources cited. Drawn from various sources with flexibility in the names used. Most info from Seeking Wisdom and Poor Charlie’s Almanack.

[@Sara3346]

Love this analysis but why does the stock market come up so often in this? I ask only because it makes it a little hard to relate to me.

[@ProgressLeavesClues]

Markets are a great opportunity to see the full gamut of human behavior but it could also be because I was biased towards my own experiences :)

[@slapaway8510]

it seems the drawings and audio is not perfectly aligned

[@slapaway8510]

oh.. its all along the video

[@ProgressLeavesClues]

thanks for letting me know.... I reported to Google and they are attempting to re-run it and hopefully it should be fixed within 48 hours. I can suggest watching my other part 2 video as it is appears to be working and stands on its own without requiring prerequisite knowledge kzbin.info/www/bejne/mmrCaX2jqs15j6M