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The James Altucher Show

'Secret Altucher' | Negotiation lesson from Eminem, Life Lessons from Bill Murray, Choose Yourself with Mick Jagger, and Hero's Journey with Stan Lee.

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.62.7K Ratings

🗓️ 7 June 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

In this special episode of "The James Altucher Show," James shares his unique commentary on surprisingly impactful media that has imparted valuable life and business lessons. Through an in-depth analysis of scenes from iconic movies and insights from legendary figures, James reveals how these media moments have influenced his thinking and strategies. Listeners will discover practical and transcendent lessons that aren't typically found in conventional self-help resources. Whether it's the strategic use of cognitive biases in "8 Mile" or the unfiltered wisdom of Bill Murray, this episode offers a treasure trove of insights that can elevate your performance in life and business.

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:06.0

This is the James Altager show. In the movie 8 Mile, M&M provides a great example of using cognitive biases to win the final rap battle against Papa Doc.

0:27.2

Cognitive biases are powerful manipulative techniques that can be used to win any negotiation, close a

0:35.6

sales deal, win an argument, even win a rap battle, even win the

0:41.5

presidency. Cognitive biases are even when the presidency

0:43.0

cognitive biases are essentially shortcuts

0:47.0

that the brain uses to make decisions.

0:51.0

These shortcuts bypass normal rational thinking and so you have to be very

0:56.8

careful for not being used on you. Cognitive biases fight the myth that we actually have free will.

1:06.0

A classic example is negativity bias.

1:10.0

If a caveman heard a rustle in the leaves, they would assume the worst.

1:15.0

It's a lion, and they would run without further investigating.

1:20.0

This is why even now newspapers often lead with negative news because they know it attracts

1:26.8

our attention and we are likely to buy the newspaper.

1:31.0

And even though humans are no longer running from lions, our brains can still be

1:36.6

manipulated by the hundreds of cognitive biases that help us make quick decisions.

1:42.4

Understanding these cognitive biases

1:45.3

can allow people to manipulate, even control, the reactions of others so

1:51.0

they are worth learning to not only win arguments or close a sale or win a

1:56.4

rap battle but also protect ourselves from people using similar techniques. In this video we will look at the final battle of the movie

2:06.4

Eight Mile. The movie is about a white rapper named B Rabbit played by Eminem. After a series of failures in earlier battles in the movie,

2:17.0

Eminem successfully uses powerful cognitive biases to totally

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