Behavior Gap Radio

Listen in as Carl explores the significance of certainty and control in various aspects of life, particularly with our finances. In this episode of Behavior Gap Radio, Carl highlights how our behaviors, tactics, and mindsets differ based on the level of certainty and control we perceive in different areas of our financial lives. Drawing from personal experiences, he emphasizes the importance of understanding and acknowledging these factors to make informed decisions and avoid disappointment. Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/

Explore the value of error correction mechanisms in decision-making, embracing wrongness can lead to growth and understanding, seeking disconfirming evidence for truth can improve decision-making

A story about backcountry skiing into avalanche terrain sets the stage for discussing decision-making outcomes and the importance of assessing risks. The impact of immediate feedback in learning environments is explored, along with the significance of environment on financial decision-making outcomes.

Jumping off from episode 1016, Carl continues his exploration! This time, he focuses on the concepts of "forced" versus "flow" in navigating life's challenges and decisions. Reflecting on the distinction between tasks or decisions that feel coerced versus those that align effortlessly, Carl invites listeners to consider the subtle yet profound difference between forcing outcomes and allowing them to flow naturally. Carl shares that he thinks the right decisions often feel like they effortlessly fall into place, accompanied by a sense of clarity and momentum. Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/

In this episode, Carl explores the difference between "hard" and "heavy" in pursuing our goals. Reflecting on the concept of forcing functions and the distinction between tasks that feel natural versus those that require discipline, Carl unpacks the nuanced relationship between challenge and effort. Drawing from his own personal experiences, he invites listeners to consider the energizing nature of tackling difficult endeavors versus the draining weight of forcing oneself through grit alone. 

Exploring the benefits of hiring a manager of uncertainty over one who sells certainty in decision-making situations, navigating uncertain terrains skillfully rather than relying on false promises of absolute certainty

Today's episode of Behavior Gap Radio is all about Carl's concept of "success porn" and its implications on personal growth and achievement. Carl reflects on the prevalent culture of motivational speakers and internet gurus who preach about exponential growth and mindset shifts, arguing that success often transcends mere positive thinking. Drawing from his own experiences, Carl highlights the multifaceted nature of success, emphasizing the importance of product quality, market fit, and relentless iteration. In this episode, Carl challenges the notion of simplistic success formulas and urges listeners to focus on meaningful work and genuine resilience.

Join Carl on Behavior Gap Radio as he explores the intricacies of risk in our daily lives. Reflecting on his own statement, "Risk is what's left over after you think you've thought of everything," Carl examines the unseen hazards that exist beyond our awareness. Using backcountry skiing as a metaphor, he discusses the difference between risk and uncertainty, emphasizing the difficulty of preparing for the unexpected. Through personal stories and insights, he delves into the concept of general resilience as a means of navigating uncertainties and enhancing our ability to cope with life's unpredictable events. 

Today's episode explores the intricate realm of decision-making in uncertain environments. Carl reflects on the allure of navigating risky landscapes, drawing parallels between financial decisions and outdoor adventures. Using the concept of "wicked problems," Carl explores their complexity, emphasizing their interdependent nature and the absence of definitive solutions. With insights into characteristics and examples of wicked problems, he contrasts them with "kind learning environments." Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/

In this episode of Behavior Gap Radio, Carl examines the struggle of maintaining confidence in straightforward solutions amid complexity. Reflecting on a recent board meeting regarding software product changes, he discusses how simplicity can obscure the effort required behind it. Carl highlights the connection between presenting a clear answer and confidence in our own abilities. He thinks practicing clarity can alleviate doubts, and he differentiates between simplistic and elegantly simple solutions.Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/