With special guest Longinus, the boys drink and review a Pub Ale from Black Abbey Brewing, then discuss ten ways that our quick (Type 1) thinking can deceive us, and how to compensate.
Why do we make choices that don’t make sense? From overconfidence to loss aversion, our brains are wired with shortcuts that keep us alive but can also trip us up in everyday life. In this episode, we break down 10 powerful mental traps —the hidden biases shaping your money, relationships, work, and even your health:
1. Anchoring Bias – Why the first number you see sets the stage.
2. Loss Aversion – Why losing hurts twice as much as winning feels good.
3. Availability Bias – Why vivid memories distort real risks.
4. Confirmation Bias – Why we only see what we already believe.
5. Planning Fallacy – Why "five minutes" always takes twenty.
6. Hindsight Bias – Why we always “knew it all along.”
7. Framing Effect – Why wording changes everything.
8. Sunk Cost Fallacy – Why we can’t let go, even when we should.
9. Overconfidence Effect – Why we think we’re better than average.
10. Present Bias – Why future you keeps getting cheated.
These aren’t just abstract concepts — they affect how you invest, how you plan, how you argue, and how you procrastinate. Once you see them, you’ll start noticing them everywhere.
👉 Hit play to learn how to recognize (and escape) these traps. Don’t let your brain’s shortcuts make your choices for you.
#Psychology #DecisionMaking #CognitiveBias #Podcast
Learn more at https://www.pigweedandcrowhill.com
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