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Something You Should Know

What You Never Knew About Your Grocery Store & Understanding Uncertainty

Something You Should Know

Mike Carruthers | OmniCastMedia

Education, Social Sciences, Science, Self-improvement, Health & Fitness

4.54.3K Ratings

🗓️ 10 August 2023

⏱️ 46 minutes

🧾️ Download transcript

Summary

Just because you are a good driver doesn’t protect you from bad drivers. And there are a lot of those bad drivers on the road. So how do you protect yourself? This episode begins with some potentially life-saving advice on where and how serious traffic accidents happen and how to avoid being in one. Source: Reader’s Digest article titled “How Good Drivers Get Killed” A lot goes on in your neighborhood grocery store you likely never knew. For example, did you know that some of the “fresh produce” could actually be more than a year old? Or that selling you groceries isn’t the only way your store makes money - not by a long shot? And what about Trader Joe’s? Why are their customers so fanatically loyal? Joining me to explore all this and much more is Benjamin Lorr, author of the book The Secret Life of Groceries (https://amzn.to/2RVd0Iy). We all would like to know what is going to happen in the future. That’s precisely why we look to experts to predict the stock market or why we try to choose “winning” lottery numbers. The fact is, most predictions are usually wrong because the future is unpredictable. So instead of trying to predict the future, maybe there is a better way. Here to tell you what that is John Kay, a leading British economist and author of the book Radical Uncertainty: Decision-Making Beyond the Numbers (https://amzn.to/32WqnP6). He offers advice on how to prepare for the future when you can’t predict it and he reveals the important difference between risk and uncertainty. I’m sure you’ve heard someone say that a dog’s mouth is cleaner than a human mouth. Seriously? Listen and discover if that could possibly be true. https://www.broadstreetvet.com/site/blog/2023/06/15/is-dogs-mouth-cleaner-than-mine PLEASE SUPPORT OUR SPONSORS! Sometimes in life we’re faced with tough choices, and the path forward isn’t always clear. If you’re thinking of starting therapy, give BetterHelp a try. It’s entirely online, so it’s convenient, flexible, and suited to your schedule. Just fill out a brief questionnaire to get matched with a licensed therapist, and switch therapists any time for no additional charge. Let therapy be your map, with BetterHelp Visit https://BetterHelp.com/SOMETHING today to get 10% off your first month! Your business was humming, but now you're falling behind. Teams buried in manual work. NetSuite gives you the POWER of having all of your information in one place to make better decisions and now has an UNPRECEDENTED offer to make that possible! Right now, download NetSuite’s popular KPI Checklist, designed to give you consistently excellent performance - absolutely free, at https://NetSuite.com/SYSK ! Discover Credit Cards do something pretty awesome. At the end of your first year, they automatically double all the cash back you’ve earned! See terms and check it out for yourself at https://Discover.com/match U.S. Cellular knows how important your kid’s relationship with technology is, so they’ve made it their mission to help them establish good digital habits early on! That’s why they’ve partnered with Screen Sanity, a non-profit dedicated to helping kids navigate the digital landscape. For a smarter start to the school year, U.S. Cellular is offering a free basic phone on new eligible lines, providing an alternative to a smartphone for children. Visit https://USCellular.com/BuiltForUS ! We really like the 99% Invisible podcast! Check it out at https://99percentinvisible.org OR search for it on Apple Podcasts, Spotify or wherever you listen!  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The Dell Technologies Back to School event is on, with deals on top tech for class, hobbies, and more.

0:08.5

Now, when you buy, you support a cause, with every eligible purchase Dell will donate to UNICEF in support of GIGA,

0:17.5

a UNICEF ITU Global Initiative to connect schools across the globe to the Internet.

0:23.5

Accidental damage protection included.

0:27.0

Get rare deals on select laptops and desktops powered by the latest Intel Core processors.

0:34.0

Save now at dell.com slash deals. UNICEF does not endorse any company brand product or service.

0:48.0

Today on something you should know, you may be a good driver, but how do you protect yourself from the bad ones?

0:55.5

Then, behind the scenes at the grocery store and the interesting things, you never knew.

1:01.0

I think as a consumer when you walk into the store, you have no idea that Apple you're about to bite into has been sitting around in some barrel for a year.

1:08.0

Things like cherries and blueberries can be in storage for months at a time when you think of them as the epitome of summer fresh products.

1:16.0

Then, is a dog's mouth really cleaner than your mouth? And the important difference between risk and uncertainty?

1:24.5

Uncertainty is not knowing what's going to happen and uncertainty may be either be good or bad.

1:30.5

And actually that kind of uncertainty is what makes life interesting.

1:34.5

Risk on the other hand is something bad. You know here someone saying there's a risk I might win the lottery.

1:40.5

All this today on something you should know.

1:45.5

This episode is brought to you by Kraken Pro.

1:48.5

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1:53.5

All in one place. Switch instantly between spot margin and futures trading.

1:58.5

Then track your performance on a fully customizable interface. It's Kraken's most powerful trading platform.

2:03.5

Well, ever. Head to pro. Kraken.com and trade like a pro.

2:08.5

Cryptocurrencies are unregulated in the UK.

2:10.5

Profic may be subject to capital gains tax and the value of cryptocurrencies can go down or up.

...

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