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Top 5 Facts About Why You Make Terrible Decisions


[Music]

[Music] I’ve made a huge mistake how could you

I’ve made a huge mistake how could you

I’ve made a huge mistake how could you have been so foolish milk who’s a bad

have been so foolish milk who’s a bad

have been so foolish milk who’s a bad choice

choice

choice welcome to watchmojo.com it

welcome to watchmojo.com it

welcome to watchmojo.com it we’re going to have to give you some bad

we’re going to have to give you some bad

we’re going to have to give you some bad news and count down the five biggest

news and count down the five biggest

news and count down the five biggest reasons that you make awful choices

reasons that you make awful choices

reasons that you make awful choices what’s more important to you your job or

what’s more important to you your job or

what’s more important to you your job or your family and don’t pick the obvious

your family and don’t pick the obvious

your family and don’t pick the obvious one oh hey guys I was just catching up

one oh hey guys I was just catching up

one oh hey guys I was just catching up on some plunger nipples don’t feel too

on some plunger nipples don’t feel too

on some plunger nipples don’t feel too bad though because we’re all guilty I’ve

bad though because we’re all guilty I’ve

bad though because we’re all guilty I’ve made a huge mistake number five you make

made a huge mistake number five you make

made a huge mistake number five you make stuff up to support your choices third

stuff up to support your choices third

stuff up to support your choices third admitted to mistake you probably feel

admitted to mistake you probably feel

admitted to mistake you probably feel pretty good about your last big purchase

pretty good about your last big purchase

pretty good about your last big purchase but should you I have it that buyer’s

but should you I have it that buyer’s

but should you I have it that buyer’s remorse studies have shown that once we

remorse studies have shown that once we

remorse studies have shown that once we make a choice between two options we

make a choice between two options we

make a choice between two options we begin to remember and even add positive

begin to remember and even add positive

begin to remember and even add positive qualities to our choices whether or not

qualities to our choices whether or not

qualities to our choices whether or not they’re actually true this is often

they’re actually true this is often

they’re actually true this is often called a choice supporting bias I see

called a choice supporting bias I see

called a choice supporting bias I see and does the sedan protect against

and does the sedan protect against

and does the sedan protect against missiles it does not yeah you hear that

missiles it does not yeah you hear that

missiles it does not yeah you hear that mate yeah it does not protect against

mate yeah it does not protect against

mate yeah it does not protect against missiles CDs is it a question subjects

missiles CDs is it a question subjects

missiles CDs is it a question subjects of one experiment hypothetically bought

of one experiment hypothetically bought

of one experiment hypothetically bought one of two classic cars just one week

one of two classic cars just one week

one of two classic cars just one week later when given a list of potential

later when given a list of potential

later when given a list of potential features of the car they bought they had

features of the car they bought they had

features of the car they bought they had trouble identifying which ones were from

trouble identifying which ones were from

trouble identifying which ones were from their car the other or even a much newer

their car the other or even a much newer

their car the other or even a much newer vehicle watch the headlamps they work

vehicle watch the headlamps they work

vehicle watch the headlamps they work brilliantly ready they go the headlights

brilliantly ready they go the headlights

brilliantly ready they go the headlights are on

are on

are on minute you can see that on if you get

minute you can see that on if you get

minute you can see that on if you get down here this increased sense of

down here this increased sense of

down here this increased sense of satisfaction affects our ability to

satisfaction affects our ability to

satisfaction affects our ability to judge the effectiveness of our decisions

judge the effectiveness of our decisions

judge the effectiveness of our decisions creates false memories and can influence

creates false memories and can influence

creates false memories and can influence future decisions I don’t always make

future decisions I don’t always make

future decisions I don’t always make great decisions under pressure what the

great decisions under pressure what the

great decisions under pressure what the hell is that

hell is that

hell is that and I’ll pack I got the last one the

and I’ll pack I got the last one the

and I’ll pack I got the last one the good news is that knowing about this is

good news is that knowing about this is

good news is that knowing about this is half of the fight to stop it by

half of the fight to stop it by

half of the fight to stop it by carefully reevaluating decisions after

carefully reevaluating decisions after

carefully reevaluating decisions after we make them and putting aside our egos

we make them and putting aside our egos

we make them and putting aside our egos we can stop defending our bad choices I

we can stop defending our bad choices I

we can stop defending our bad choices I just need you to pretend like you’re in

just need you to pretend like you’re in

just need you to pretend like you’re in a relationship with this grown man that

a relationship with this grown man that

a relationship with this grown man that I know ha-ah

I know ha-ah

I know ha-ah I did not think this through did I think

I did not think this through did I think

I did not think this through did I think this through um bad decision very best

this through um bad decision very best

this through um bad decision very best number four

number four

number four your brain sees patterns where there are

your brain sees patterns where there are

your brain sees patterns where there are none

none

none [Music]

this is known as the clustering illusion

this is known as the clustering illusion you see this lot in the world of

you see this lot in the world of

you see this lot in the world of gambling and sports roulette players may

gambling and sports roulette players may

gambling and sports roulette players may feel that after a long string of one

feel that after a long string of one

feel that after a long string of one color that the other color is due

color that the other color is due

color that the other color is due basketball players are often said to be

basketball players are often said to be

basketball players are often said to be on a hot streak but studies have shown

on a hot streak but studies have shown

on a hot streak but studies have shown that they don’t really exist our brain

that they don’t really exist our brain

that they don’t really exist our brain so desperately want to find patterns

so desperately want to find patterns

so desperately want to find patterns among random events that we take a small

among random events that we take a small

among random events that we take a small subset of instances and convince

subset of instances and convince

subset of instances and convince ourselves that it’s a pattern while this

ourselves that it’s a pattern while this

ourselves that it’s a pattern while this may seem harmless it can be a matter of

may seem harmless it can be a matter of

may seem harmless it can be a matter of life or death during World War two

life or death during World War two

life or death during World War two Londoners developed theories about the

Londoners developed theories about the

Londoners developed theories about the German rockets hitting their city in

German rockets hitting their city in

German rockets hitting their city in order to find safer places to hide

order to find safer places to hide

order to find safer places to hide though research shows that the Rockets

though research shows that the Rockets

though research shows that the Rockets were randomly dispersed whether you’re

were randomly dispersed whether you’re

were randomly dispersed whether you’re playing the slots or running for your

playing the slots or running for your

playing the slots or running for your life it’s important to remember that

life it’s important to remember that

life it’s important to remember that each attempt is independent from others

each attempt is independent from others

each attempt is independent from others number three you choose to be in denial

number three you choose to be in denial

number three you choose to be in denial can’t you see you’re in denial you’re

can’t you see you’re in denial you’re

can’t you see you’re in denial you’re high oh um have you ever avoided

high oh um have you ever avoided

high oh um have you ever avoided checking your bank balance at the end of

checking your bank balance at the end of

checking your bank balance at the end of the month or ignored signs that your car

the month or ignored signs that your car

the month or ignored signs that your car might need a major repair dad that light

might need a major repair dad that light

might need a major repair dad that light says check engine no tape must have

says check engine no tape must have

says check engine no tape must have fallen off research has shown that when

fallen off research has shown that when

fallen off research has shown that when the investment market is bad people

the investment market is bad people

the investment market is bad people check their portfolios 50 to 80 percent

check their portfolios 50 to 80 percent

check their portfolios 50 to 80 percent less frequently and why is that humans

less frequently and why is that humans

less frequently and why is that humans are inherently loss averse meaning that

are inherently loss averse meaning that

are inherently loss averse meaning that we feel the pain of a loss more deeply

we feel the pain of a loss more deeply

we feel the pain of a loss more deeply than the joy of gaining something I sent

than the joy of gaining something I sent

than the joy of gaining something I sent 2,000 men to their graves today the

2,000 men to their graves today the

2,000 men to their graves today the bards will sing songs of their sacrifice

bards will sing songs of their sacrifice

bards will sing songs of their sacrifice I in the dead won’t hear them if we know

I in the dead won’t hear them if we know

I in the dead won’t hear them if we know that there may be a problem or are

that there may be a problem or are

that there may be a problem or are presented with troubling information our

presented with troubling information our

presented with troubling information our tendency is to ignore it and pretend

tendency is to ignore it and pretend

tendency is to ignore it and pretend that it never happened you will never

that it never happened you will never

that it never happened you will never get work as an actor because you have no

get work as an actor because you have no

get work as an actor because you have no talent well if she’s not going to say

talent well if she’s not going to say

talent well if she’s not going to say anything I certainly can’t help her

anything I certainly can’t help her

anything I certainly can’t help her experts refer to this as the ostrich

experts refer to this as the ostrich

experts refer to this as the ostrich effect but you might just call it denial

effect but you might just call it denial

effect but you might just call it denial it occurs to me to tell you that denial

it occurs to me to tell you that denial

it occurs to me to tell you that denial is not just a river in Egypt this

is not just a river in Egypt this

is not just a river in Egypt this mistaken decision-making is especially

mistaken decision-making is especially

mistaken decision-making is especially worrisome because it causes small easily

worrisome because it causes small easily

worrisome because it causes small easily solved problems to grow into much bigger

solved problems to grow into much bigger

solved problems to grow into much bigger harder to solve issues next time just

harder to solve issues next time just

harder to solve issues next time just fix your damn car

fix your damn car

fix your damn car remembered my birthday come on come on

remembered my birthday come on come on

remembered my birthday come on come on Doc can you doc number two you think

Doc can you doc number two you think

Doc can you doc number two you think you’re smarter than other people look at

you’re smarter than other people look at

you’re smarter than other people look at you guys

you guys

you guys I wonder we’re dangling at the bottom of

I wonder we’re dangling at the bottom of

I wonder we’re dangling at the bottom of the food chain sure maybe other people

the food chain sure maybe other people

the food chain sure maybe other people make these mistakes but not you right

make these mistakes but not you right

make these mistakes but not you right wrong researchers from Carnegie Mellon

wrong researchers from Carnegie Mellon

wrong researchers from Carnegie Mellon University found that nearly everyone is

University found that nearly everyone is

University found that nearly everyone is able to see the flaws and others logic

able to see the flaws and others logic

able to see the flaws and others logic but not their own I am better at what

but not their own I am better at what

but not their own I am better at what everything an astounding eighty-five

everything an astounding eighty-five

everything an astounding eighty-five percent of people believe that they were

percent of people believe that they were

percent of people believe that they were less biased than the average person what

less biased than the average person what

less biased than the average person what did it work for those people no it never

did it work for those people no it never

did it work for those people no it never does

does

does I mean these people somehow delude

I mean these people somehow delude

I mean these people somehow delude themselves into thinking it might but

themselves into thinking it might but

themselves into thinking it might but but it might work for us even though you

but it might work for us even though you

but it might work for us even though you might be yelling at the young babysitter

might be yelling at the young babysitter

might be yelling at the young babysitter and the slasher flick not to go upstairs

and the slasher flick not to go upstairs

and the slasher flick not to go upstairs it turns out you probably go up there

it turns out you probably go up there

it turns out you probably go up there too

too

too your story’s not scary because the

your story’s not scary because the

your story’s not scary because the characters are making choices the

characters are making choices the

characters are making choices the audience wouldn’t make this is called

audience wouldn’t make this is called

audience wouldn’t make this is called the blind spot bias the news gets worse

the blind spot bias the news gets worse

the blind spot bias the news gets worse even after learning about this bias

even after learning about this bias

even after learning about this bias subjects still rated themselves as less

subjects still rated themselves as less

subjects still rated themselves as less biased than others maybe you should take

biased than others maybe you should take

biased than others maybe you should take someone else’s advice once in a while

someone else’s advice once in a while

someone else’s advice once in a while thanks for the advice that’s free number

thanks for the advice that’s free number

thanks for the advice that’s free number one we want to prove ourselves right

one we want to prove ourselves right

one we want to prove ourselves right that confirms my lead or its

that confirms my lead or its

that confirms my lead or its confirmation bias this is the dreaded

confirmation bias this is the dreaded

confirmation bias this is the dreaded confirmation bias decades of research

confirmation bias decades of research

confirmation bias decades of research has shown that humans are notorious for

has shown that humans are notorious for

has shown that humans are notorious for only seeking interpreting and

only seeking interpreting and

only seeking interpreting and remembering information that supports

remembering information that supports

remembering information that supports their own ideas I’m smart you’re dumb

their own ideas I’m smart you’re dumb

their own ideas I’m smart you’re dumb I’m big you’re little I’m right you’re

I’m big you’re little I’m right you’re

I’m big you’re little I’m right you’re wrong we ignore contradictory

wrong we ignore contradictory

wrong we ignore contradictory information and even ambiguous data is

information and even ambiguous data is

information and even ambiguous data is spun to somehow back up what we already

spun to somehow back up what we already

spun to somehow back up what we already think we know more like one out of a

think we know more like one out of a

think we know more like one out of a million this is especially true for

million this is especially true for

million this is especially true for emotionally charged

emotionally charged

emotionally charged deeply held beliefs so you’re telling me

deeply held beliefs so you’re telling me

deeply held beliefs so you’re telling me there’s a chance this realization has

there’s a chance this realization has

there’s a chance this realization has had a profound effect on science rather

had a profound effect on science rather

had a profound effect on science rather than conducting experiments to prove

than conducting experiments to prove

than conducting experiments to prove their theories scientists must do their

their theories scientists must do their

their theories scientists must do their absolute best to disprove what they

absolute best to disprove what they

absolute best to disprove what they believe double-blind studies which hide

believe double-blind studies which hide

believe double-blind studies which hide from the researcher what exactly they’re

from the researcher what exactly they’re

from the researcher what exactly they’re testing have become the standard just to

testing have become the standard just to

testing have become the standard just to keep them from subconsciously affecting

keep them from subconsciously affecting

keep them from subconsciously affecting the outcome of the test

the outcome of the test

the outcome of the test towards our hypothesis in other words

towards our hypothesis in other words

towards our hypothesis in other words you want it to be true

you want it to be true

you want it to be true I didn’t want it to be true even when we

I didn’t want it to be true even when we

I didn’t want it to be true even when we are confronted with clear information

are confronted with clear information

are confronted with clear information that doesn’t agree with what we believe

that doesn’t agree with what we believe

that doesn’t agree with what we believe we’re incredibly slow to change our

we’re incredibly slow to change our

we’re incredibly slow to change our minds all that so does this list have

minds all that so does this list have

minds all that so does this list have you feeling like you need to go bury

you feeling like you need to go bury

you feeling like you need to go bury your head in the sand where are you

your head in the sand where are you

your head in the sand where are you stunned by just how wrong everyone else

stunned by just how wrong everyone else

stunned by just how wrong everyone else is

is

is you can’t live a lie no I can’t but some

you can’t live a lie no I can’t but some

you can’t live a lie no I can’t but some people find a way to make that work for

people find a way to make that work for

people find a way to make that work for more completely logical toptenz and

more completely logical toptenz and

more completely logical toptenz and deeply flawed top fives be sure to

deeply flawed top fives be sure to

deeply flawed top fives be sure to subscribe to watchmojo.com at no point

subscribe to watchmojo.com at no point

subscribe to watchmojo.com at no point in your rambling incoherent response

in your rambling incoherent response

in your rambling incoherent response were you even close to anything that

were you even close to anything that

were you even close to anything that could be considered a rational thought

”

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