meta_pixel
Tapesearch Logo
Log in
You Are Not So Smart

035 - Inbetweenisode - The Sunk Cost Fallacy

You Are Not So Smart

You Are Not So Smart

Science, Psychology, Brain, Business, Mental Health, Culture, Neuroscience, Mind, Health

4.61.8K Ratings

🗓️ 2 November 2014

⏱️ 41 minutes

🧾️ Download transcript

Summary

Are you throwing good money after bad? Are you st…

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Linda.com is an easy and affordable way to help

0:07.2

individuals and organizations learn. Instantly stream thousands of courses created by experts on business, software, web development, graphic design, and more.

0:19.0

For a free trial, visit Linda.com, slash smart, that's LYN D.A, Linda.com slash smart that's L-Y-N-D-A-L-L-D-A-Linda.com slash smart. And the cool thing, happy. All down into the middle of the parties and get. Welcome to the You Are Not So Smart Podcast, episode 35 in between a circle. This is an in-between episode of the You Are Not So Smart Podcast, so the format will be a little bit different from other episodes of the show and we aren't going to have an expert, we aren't going to have any cookies,

1:23.5

anything like that, but we will have a lot of that coming up in the future. We have an

1:27.0

episode coming up about procrastination. We have one coming up about the epidemics and how doctors deal with their own emotions and how doctors deal with

1:45.0

cognitive biases and how they protect themselves from it and all of those episodes

1:49.4

are going to be really cool because we have scientists and doctors and psychologists and people who are going to help us understand each one.

1:56.4

In the Dunning-Kruger episode we have Dr Dunning of the Dunning-Kruger effect and in the optimism bias episode we have

2:04.5

Talley Sharad who is she was on the cover of time recently so those are going to be

2:10.2

really cool episodes today though we're going to talk about a specific logical fallacy and if you've never heard

2:16.1

of logical fallacies before even though we talk about them on the show I

2:19.0

assume that a lot of people this is their first episode maybe you've never heard

2:22.2

of what

2:22.8

these are and it sounds like it's some sort of complicated term but it's not it's just

2:26.9

you know when you get into a discussion or an argument or you're trying to reach a

2:30.9

conclusion or make a decision sometimes you know

2:34.0

argumentation is the way that you go about reasoning you you say well I'm going to do this

2:39.2

because of this and this is right because of that and if you think of those those as sort of like word puzzles as if they're like

2:46.5

mathematical formula sometimes you can skip a step or get caught up in your own

2:51.4

and your own reasoning and you don't realize you've done that.

2:55.1

And you end up making a mistake and you don't know it and you think that you're reaching your

2:59.8

conclusion in a purely logical and rational manner, but you didn't because you committed a logical fallacy.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from You Are Not So Smart, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of You Are Not So Smart and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.