Monday, September 14, 2020

Bad choices

If made freely, a choice feels like the right thing at the time.

But we realize it was a mistake later, once the moment passes. We don’t know now what we learned in the future.

Bad choices can be caused by:

  • Poor information
  • Shoddy analysis (including cognitive glitches and reliance on sunk costs)
  • Peer pressure
  • Manipulation
  • Hustle
  • Power imbalance
  • Focus on the short run
  • Indoctrination
  • Superstition
  • Unexamined biases

Take a look: each of these is the product of outside forces and can be unlearned and insulated against. The good news is that we can get better at our choices.

       


from Seth Godin's Blog on marketing, tribes and respect https://feeds.feedblitz.com/~/635546458/0/sethsblog~Bad-choices/

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