Don't make losing decisions

[Graybeard]

This man makes a compelling case for avoiding some of the losing decision we all make.

It's worth reading the full article -- you will see the patterns
5 Common Mental Errors That Sway You From Making Good Decisions - James Clear - Pocket
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***** 1. Survivorship Bias. *****
Nearly every popular online media outlet is filled with survivorship bias these
days. Anywhere you see articles with titles like “8 Things Successful People Do ...
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***** 2. Loss Aversion. *****
Loss aversion refers to our tendency to strongly prefer avoiding losses over
acquiring gains. Research has shown that if someone gives you $10 you will ...
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***** 3. The Availability Heuristic. *****
The Availability Heuristic refers to a common mistake that our brains make by
assuming that the examples which come to mind easily are also the most ...
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***** 4. Anchoring. *****
There is a burger joint close to my hometown that is known for gourmet burgers
and cheeses. On the menu, they very boldly state, “LIMIT 6 TYPES OF CHEESE PER ...
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***** 5. Confirmation Bias. *****
The Grandaddy of Them All. Confirmation bias refers to our tendency to search
for and favor information that confirms our beliefs while simultaneously ...

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