The Regret Minimization Framework: How to make life decisions
Growth Mindset Psychology: The Science of Self-Improvement
Long-term Regret: Actions Not Taken
Sam discusses counterfactual thinking and research showing long-term regret centers on inaction, not mistakes.
A boat is safe in the harbor. But that is not what boats are built for.
We tend to view our lives as a single, continuous narrative. But in reality, we are a series of temporary selves, each with a distinct beginning and end. The teenager who dreams of adventure is not the same as the retiree who seeks comfort. When we defer our dreams, we aren't saving them for later; we are denying them to the person we are right now.
This episode explores the "Regret Minimization Framework"—a tool for navigating the uncertainty of the future. We discuss the difference between "peak experiences" and "plateau experiences" and why wisdom lies in knowing the difference. The question isn't how much money you leave behind, but how much life you leave unlived.
Actionable Takeaways:
-
Time Bucketing: Allocate specific experiences to the specific decades of your life where they belong.
-
The Cost of Inaction: Recognize that the safe choice often carries the highest hidden cost—regret.
-
Live with Urgency: Embrace the impermanence of your current self to fuel meaningful action today.
Decide today which version of yourself deserves to be fully realized before it's too late.
SPONSORS
👨💻 NordLayer
- Security across your business
- 28% off: GROWTHMINDSET-28
- http://nordlayer.com/growthmindset
🌳 Acorns
- Invest for your money goals
- $5 sign up bonus: PSYCHOLOGY
- www.acorns.com/psychology
Learn about the evolving story of the human species and our ideas told in chronological order.
---
🏖️ Ad-free listening
🤘 Support the show
🔓 Exclusive AMAs and bonus content
💬 Community Discord
Growth Mindset Psychology:
Sam Webster explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement.
CHAPTERS
00:00 Introduction: Facing Mortality
01:10 The Concept of Dying in Installments
02:03 The Death of Future Selves
03:16 Jeff Bezos and the Regret Minimization Framework
04:58 The Death of Peak Experiences
06:26 The Value of Plateau Experiences
10:12 The Death of Who You Could Have Been
13:19 Life Satisfaction U-Curve
13:58 Living Intentionally and Strategically
15:22 Time Bucketing and Peak Experience Mapping
17:06 Personal Examples and Reflections
18:32 Stoic Wisdom and Living with Urgency
20:25 Final Thoughts on Regret Minimization
21:32 Conclusion and Call to Action
Learn more about your ad choices. Visit podcastchoices.com/adchoices
The AI-powered Podcast Player
