Cognitive Biases: How Your Brain Tricks You

Our brains are incredible tools, but they're also prone to shortcuts and errors in thinking. These systematic mistakes are known as cognitive biases, and they influence everything from how we understand information to the decisions we make. In this comprehensive episode, we delve into a wide range of cognitive biases:

• Confirmation Bias: Why we favor information that supports our beliefs.
• Anchoring Bias: How the first piece of information can sway our decisions.
• Dunning-Kruger Effect: The perils of overestimating our own abilities.
• Sunk Cost Fallacy: The trap of continuing with a bad investment.
• Loss Aversion: Why we fear losses more than we enjoy gains.
• And many more!

By the end of this episode, you'll have a solid understanding of how these biases operate, how they affect your life, and what you can do to mitigate their impact.