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Choiceology with Katy Milkman

Obstacle Illusions: With Guests Daniella McCahey & Tom Gilovich

Choiceology with Katy Milkman

Charles Schwab

Behavioral Economics, Society & Culture, Social Sciences, Decision Making, Charles Schwab, Business, Science, Investing, Dan Heath, Katy Milkman

4.81.4K Ratings

🗓️ 21 April 2025

⏱️ 31 minutes

🧾️ Download transcript

Summary

We're wired to interpret our challenges as bigger than our advantages, even if the reality is more balanced.

Transcript

Click on a timestamp to play from that location

0:00.0

We've asked some volunteers to participate in a very unscientific experiment.

0:11.4

We've given them a series of exercises.

0:16.0

No thanks for definite heat up.

0:19.0

Flexibility is not great.

0:21.3

Half of the exercises are uncomfortable or strenuous or awkward.

0:26.0

The other half are pretty easy.

0:28.0

All right.

0:28.8

How many squats?

0:30.2

I'm in a plank and I'm lifting my knees one at a time to my elves.

0:38.3

But we didn't tell people that the exercises were designed to be half easy and half hard.

0:42.3

It's not great.

0:43.3

I hope this isn't an indicator of my overall fitness.

0:48.3

Oh, this are so hard.

0:51.3

Okay.

0:53.3

Those are less bad. After volunteers wrapped up these activities, we asked them to

1:01.7

each reflect on what percentage of the exercises were difficult or annoying and what percentage

1:06.8

were easier straightforward. The answer should be 50% easy, 50% hard. But listen to the responses we got.

1:16.0

75%. It felt it was a lot harder. 25% felt easier. Maybe like a quarter of them, so like 25 to 30%, I'd say, were like easy.

1:27.7

I felt like I was doing the hard ones, 70%.

1:30.4

And the easier exercise, about 30%.

1:32.8

Again, we weren't asking them to rate the difficulty,

1:37.3

but to reflect on how many of the exercises were difficult

...

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