It's a story made for Silicon Valley.

Back in 2017 in Santa Clara, California, two thieves

targeted a local tech company. Their prize? GPS trackers.

The burglars made off with approximately $18,000 worth of the devices.

Thankfully, the company that had been victimized

had software that was designed to track the GPS units,

which were usually connected to shipments of bananas and other products. In a twist,

that software was now being used to track the company's own stolen property.

Within hours, the police had pinpointed the GPS devices to a Union City warehouse.

But that's not all. Two of the trackers were on the move,

accompanying the culprits on a joy ride through the East Bay. Imagine the

thieves surprise when law enforcement pulled them over and knocked on their car window.

The two men were arrested and their dreams of a lucrative heist were dashed by their own ignorance.

In this episode we'll look at how a blind spot in our recognition of what

we know and what we don't know can get us into trouble, though hopefully not with

the police. I'm Dr. Katie Milkman, and this is Choiceology, an original podcast from Charles Schwab.

It's a show about the psychology and economics behind our decisions.

We bring you true and surprising stories about high stakes choices, and then we examine how these stories

connect to the latest research and behavioral science. We do it all to help you make better judgments

and avoid costly mistakes. Cecilia Jimenez is the gold standard of botched restorations because she was really the first that caught the imagination of the internet.

This is Andrew.

Hi, this is Andrew Flack, and I'm the librettist

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