The Ostrich Effect
Why do we ignore problems even when we see them coming?
4.1 (32)
44 mins
Explore the ostrich effect and how avoidance behavior shapes decision-making and risk perception Discover the psychological reasons behind why we bury our heads in the sand, and learn ways to confront challenges effectively
Ep 1:
Heads in the Sand
A billionaire's collapse and a paralyzed grad student reveal how denial, wishful thinking, and fear of regret drive us to blind ourselves to danger.
Ep 2:
When Silence Sinks Portfolios
From a canceled cleaning product to Wall Street's willful optimism, discover how invisible risks and how often we check our finances secretly shape our courage.
Ep 3:
The Confidence Trap
Why a little knowledge can backfire, how studios ignore rivals, and why confident CFOs are stunningly wrong about markets they claim to predict.
Ep 4:
Losses Loom Larger
Explore why losses hurt twice as much as gains feel good, and why Warren Buffett and Nassim Taleb weigh magnitude over mere probability.
Ep 5:
Run, Don't Hide
The true cost of self-deception surfaces as we uncover practical strategies to stop hiding from reality and start facing threats head-on.
Discussions (11)
Willie
Level 5 · 9 mo agoBjörgólfsson calling his group a cult on opium is a convenient excuse. He admitted he knew the financials were broken but refused to exit. He lost his billions because he preferred comforting lies.
Owen
Level 2 · 9 mo agoThat Duke study on CFOs is totally real, the correlation was actually near zero just like she said. Shows that even the guys running the money have no idea where the market is going lol
Spencer
Level 2 · 9 mo agoThis explains why I never check the scoreboard when my K/D is trash. If I can't see the stats, I can still pretend I'm carrying the team.
