How to Stop Making Stupid Decisions

A look into making better decisions in life.

How to make decisions was taught in high school. You may not have realized it but your Economics 101 class taught you, “there is no such thing as a free lunch.”

Think about it, if you’re eating an awesome cheesesteak, you’re giving up the chance to eat a hamburger. If you’re eating a hamburger you’re giving up the chance to eat a double-stacked burrito. And if you’re eating a double-stacked burrito, then you’re giving up the ability to ever respect yourself again.

Everything you do in life is a trade-off. Anything you say, do, or pursue has a cost and a benefit. Those costs and benefits may not always be immediately apparent — sometimes the costs and benefits are dislocated in time, the benefit being immediate and the cost in the distant future. Sometimes the costs or benefits are subtle and psychological. But nonetheless, there is always a trade-off.

In this video we’re looking at how decisions in life come down to trade-offs. And how it just so happens we’re really bad at evaluating trade-offs. Watch it. Like it. Comment on it. And make the easy decision to subscribe to the channel!

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