Afford Anything cover image

The Power of Knowing When To Walk Away

Afford Anything

How Much Money Did You Fall Short of $300 Today?

4min Snip

00:00
Play full episode
The idea of, well, I've made what I need to make today. So I'm going to cut out early. Right? That was the heuristic that the cab drivers were losing. And this is where we can see this difference between in the gains and in the losses. If you get to your 300 really quick, that means the next hour that you're driving actually rates to be a really good hour for you. But even if they choose some random strategy, like just don't even think about whether the fares are good or bad,. They would still make 8% more than they were strategy that caused them to quit too early and quit too late. It's like a coin-

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode