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#050 - Fooled by Randomness: Nassim Taleb (Incerto Series)
rational vc
Emotion as the Core Driver of Decision Making
Humans often make decisions based on emotions and then rationalize them afterwards. Emotions play a significant role in our decision-making process, sometimes leading us to over-optimize or follow our passion instead of our pack. It is emphasized that the confidence with which a decision is made is crucial, more so than the expected value of the outcome. Additionally, the distinction between normative thinking (how things should be) and positive thinking (how things actually are) is highlighted as an important concept to consider in decision-making processes.
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