[Music]
I’ve made a huge mistake how could you
have been so foolish milk who’s a bad
choice
welcome to watchmojo.com it
we’re going to have to give you some bad
news and count down the five biggest
reasons that you make awful choices
what’s more important to you your job or
your family and don’t pick the obvious
one oh hey guys I was just catching up
on some plunger nipples don’t feel too
bad though because we’re all guilty I’ve
made a huge mistake number five you make
stuff up to support your choices third
admitted to mistake you probably feel
pretty good about your last big purchase
but should you I have it that buyer’s
remorse studies have shown that once we
make a choice between two options we
begin to remember and even add positive
qualities to our choices whether or not
they’re actually true this is often
called a choice supporting bias I see
and does the sedan protect against
missiles it does not yeah you hear that
mate yeah it does not protect against
missiles CDs is it a question subjects
of one experiment hypothetically bought
one of two classic cars just one week
later when given a list of potential
features of the car they bought they had
trouble identifying which ones were from
their car the other or even a much newer
vehicle watch the headlamps they work
brilliantly ready they go the headlights
are on
minute you can see that on if you get
down here this increased sense of
satisfaction affects our ability to
judge the effectiveness of our decisions
creates false memories and can influence
future decisions I don’t always make
great decisions under pressure what the
hell is that
and I’ll pack I got the last one the
good news is that knowing about this is
half of the fight to stop it by
carefully reevaluating decisions after
we make them and putting aside our egos
we can stop defending our bad choices I
just need you to pretend like you’re in
a relationship with this grown man that
I know ha-ah
I did not think this through did I think
this through um bad decision very best
number four
your brain sees patterns where there are
none
[Music]
this is known as the clustering illusion
you see this lot in the world of
gambling and sports roulette players may
feel that after a long string of one
color that the other color is due
basketball players are often said to be
on a hot streak but studies have shown
that they don’t really exist our brain
so desperately want to find patterns
among random events that we take a small
subset of instances and convince
ourselves that it’s a pattern while this
may seem harmless it can be a matter of
life or death during World War two
Londoners developed theories about the
German rockets hitting their city in
order to find safer places to hide
though research shows that the Rockets
were randomly dispersed whether you’re
playing the slots or running for your
life it’s important to remember that
each attempt is independent from others
number three you choose to be in denial
can’t you see you’re in denial you’re
high oh um have you ever avoided
checking your bank balance at the end of
the month or ignored signs that your car
might need a major repair dad that light
says check engine no tape must have
fallen off research has shown that when
the investment market is bad people
check their portfolios 50 to 80 percent
less frequently and why is that humans
are inherently loss averse meaning that
we feel the pain of a loss more deeply
than the joy of gaining something I sent
2,000 men to their graves today the
bards will sing songs of their sacrifice
I in the dead won’t hear them if we know
that there may be a problem or are
presented with troubling information our
tendency is to ignore it and pretend
that it never happened you will never
get work as an actor because you have no
talent well if she’s not going to say
anything I certainly can’t help her
experts refer to this as the ostrich
effect but you might just call it denial
it occurs to me to tell you that denial
is not just a river in Egypt this
mistaken decision-making is especially
worrisome because it causes small easily
solved problems to grow into much bigger
harder to solve issues next time just
fix your damn car
remembered my birthday come on come on
Doc can you doc number two you think
you’re smarter than other people look at
you guys
I wonder we’re dangling at the bottom of
the food chain sure maybe other people
make these mistakes but not you right
wrong researchers from Carnegie Mellon
University found that nearly everyone is
able to see the flaws and others logic
but not their own I am better at what
everything an astounding eighty-five
percent of people believe that they were
less biased than the average person what
did it work for those people no it never
does
I mean these people somehow delude
themselves into thinking it might but
but it might work for us even though you
might be yelling at the young babysitter
and the slasher flick not to go upstairs
it turns out you probably go up there
too
your story’s not scary because the
characters are making choices the
audience wouldn’t make this is called
the blind spot bias the news gets worse
even after learning about this bias
subjects still rated themselves as less
biased than others maybe you should take
someone else’s advice once in a while
thanks for the advice that’s free number
one we want to prove ourselves right
that confirms my lead or its
confirmation bias this is the dreaded
confirmation bias decades of research
has shown that humans are notorious for
only seeking interpreting and
remembering information that supports
their own ideas I’m smart you’re dumb
I’m big you’re little I’m right you’re
wrong we ignore contradictory
information and even ambiguous data is
spun to somehow back up what we already
think we know more like one out of a
million this is especially true for
emotionally charged
deeply held beliefs so you’re telling me
there’s a chance this realization has
had a profound effect on science rather
than conducting experiments to prove
their theories scientists must do their
absolute best to disprove what they
believe double-blind studies which hide
from the researcher what exactly they’re
testing have become the standard just to
keep them from subconsciously affecting
the outcome of the test
towards our hypothesis in other words
you want it to be true
I didn’t want it to be true even when we
are confronted with clear information
that doesn’t agree with what we believe
we’re incredibly slow to change our
minds all that so does this list have
you feeling like you need to go bury
your head in the sand where are you
stunned by just how wrong everyone else
is
you can’t live a lie no I can’t but some
people find a way to make that work for
more completely logical toptenz and
deeply flawed top fives be sure to
subscribe to watchmojo.com at no point
in your rambling incoherent response
were you even close to anything that
could be considered a rational thought
[Music]
I’ve made a huge mistake how could you
have been so foolish milk who’s a bad
choice
welcome to watchmojo.com it
we’re going to have to give you some bad
news and count down the five biggest
reasons that you make awful choices
what’s more important to you your job or
your family and don’t pick the obvious
one oh hey guys I was just catching up
on some plunger nipples don’t feel too
bad though because we’re all guilty I’ve
made a huge mistake number five you make
stuff up to support your choices third
admitted to mistake you probably feel
pretty good about your last big purchase
but should you I have it that buyer’s
remorse studies have shown that once we
make a choice between two options we
begin to remember and even add positive
qualities to our choices whether or not
they’re actually true this is often
called a choice supporting bias I see
and does the sedan protect against
missiles it does not yeah you hear that
mate yeah it does not protect against
missiles CDs is it a question subjects
of one experiment hypothetically bought
one of two classic cars just one week
later when given a list of potential
features of the car they bought they had
trouble identifying which ones were from
their car the other or even a much newer
vehicle watch the headlamps they work
brilliantly ready they go the headlights
are on
minute you can see that on if you get
down here this increased sense of
satisfaction affects our ability to
judge the effectiveness of our decisions
creates false memories and can influence
future decisions I don’t always make
great decisions under pressure what the
hell is that
and I’ll pack I got the last one the
good news is that knowing about this is
half of the fight to stop it by
carefully reevaluating decisions after
we make them and putting aside our egos
we can stop defending our bad choices I
just need you to pretend like you’re in
a relationship with this grown man that
I know ha-ah
I did not think this through did I think
this through um bad decision very best
number four
your brain sees patterns where there are
none
[Music]
this is known as the clustering illusion
you see this lot in the world of
gambling and sports roulette players may
feel that after a long string of one
color that the other color is due
basketball players are often said to be
on a hot streak but studies have shown
that they don’t really exist our brain
so desperately want to find patterns
among random events that we take a small
subset of instances and convince
ourselves that it’s a pattern while this
may seem harmless it can be a matter of
life or death during World War two
Londoners developed theories about the
German rockets hitting their city in
order to find safer places to hide
though research shows that the Rockets
were randomly dispersed whether you’re
playing the slots or running for your
life it’s important to remember that
each attempt is independent from others
number three you choose to be in denial
can’t you see you’re in denial you’re
high oh um have you ever avoided
checking your bank balance at the end of
the month or ignored signs that your car
might need a major repair dad that light
says check engine no tape must have
fallen off research has shown that when
the investment market is bad people
check their portfolios 50 to 80 percent
less frequently and why is that humans
are inherently loss averse meaning that
we feel the pain of a loss more deeply
than the joy of gaining something I sent
2,000 men to their graves today the
bards will sing songs of their sacrifice
I in the dead won’t hear them if we know
that there may be a problem or are
presented with troubling information our
tendency is to ignore it and pretend
that it never happened you will never
get work as an actor because you have no
talent well if she’s not going to say
anything I certainly can’t help her
experts refer to this as the ostrich
effect but you might just call it denial
it occurs to me to tell you that denial
is not just a river in Egypt this
mistaken decision-making is especially
worrisome because it causes small easily
solved problems to grow into much bigger
harder to solve issues next time just
fix your damn car
remembered my birthday come on come on
Doc can you doc number two you think
you’re smarter than other people look at
you guys
I wonder we’re dangling at the bottom of
the food chain sure maybe other people
make these mistakes but not you right
wrong researchers from Carnegie Mellon
University found that nearly everyone is
able to see the flaws and others logic
but not their own I am better at what
everything an astounding eighty-five
percent of people believe that they were
less biased than the average person what
did it work for those people no it never
does
I mean these people somehow delude
themselves into thinking it might but
but it might work for us even though you
might be yelling at the young babysitter
and the slasher flick not to go upstairs
it turns out you probably go up there
too
your story’s not scary because the
characters are making choices the
audience wouldn’t make this is called
the blind spot bias the news gets worse
even after learning about this bias
subjects still rated themselves as less
biased than others maybe you should take
someone else’s advice once in a while
thanks for the advice that’s free number
one we want to prove ourselves right
that confirms my lead or its
confirmation bias this is the dreaded
confirmation bias decades of research
has shown that humans are notorious for
only seeking interpreting and
remembering information that supports
their own ideas I’m smart you’re dumb
I’m big you’re little I’m right you’re
wrong we ignore contradictory
information and even ambiguous data is
spun to somehow back up what we already
think we know more like one out of a
million this is especially true for
emotionally charged
deeply held beliefs so you’re telling me
there’s a chance this realization has
had a profound effect on science rather
than conducting experiments to prove
their theories scientists must do their
absolute best to disprove what they
believe double-blind studies which hide
from the researcher what exactly they’re
testing have become the standard just to
keep them from subconsciously affecting
the outcome of the test
towards our hypothesis in other words
you want it to be true
I didn’t want it to be true even when we
are confronted with clear information
that doesn’t agree with what we believe
we’re incredibly slow to change our
minds all that so does this list have
you feeling like you need to go bury
your head in the sand where are you
stunned by just how wrong everyone else
is
you can’t live a lie no I can’t but some
people find a way to make that work for
more completely logical toptenz and
deeply flawed top fives be sure to
subscribe to watchmojo.com at no point
in your rambling incoherent response
were you even close to anything that
could be considered a rational thought
[Music]
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