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#405 – Jeff Bezos: Amazon and Blue Origin

Lex Fridman Podcast

NOTE

The Power of Intuition and Bias in Decision Making

Powerful truths can be based on hunches, anecdotes, and intuition. It's important to trust personal judgment and not disregard something just because it feels right. In decision making, it's crucial to fight inherent biases like optimism bias and to compensate for the tendency to jump to happy conclusions. When data and anecdotes disagree, the anecdotes are usually right.

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