BJJ Mental Models Mini Ep. 67: Loss Aversion
Aug 14, 2025
This mini-discussion explores the intriguing concept of loss aversion, where the fear of losses often overshadows the desire for gains. It examines how this psychological bias can hinder personal growth and decision-making. Listeners learn strategies to navigate their fears, viewing losses not as setbacks but as stepping stones for development. The podcast also offers a free training opportunity to improve jujitsu skills, connecting the principles of psychology with martial arts.
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Loss Feels Stronger Than Gain
- Humans feel losses more painfully than equivalent gains, which drives risk aversion.
- This bias is natural and can protect us but also limit growth when overapplied.
Everyday Choices Driven By Fear
- Steve gives everyday examples like avoiding tournaments or stronger partners from fear of losing.
- He connects these choices to broader life decisions like not starting a business due to fear of losing stability.
Assess If The Loss Is Recoverable
- Determine whether a potential loss is recoverable before avoiding the risk.
- Treat recoverable losses (like a tournament) differently than unrecoverable ones and adjust your choices accordingly.
