{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Decision Intelligence Zone","title":"Bias, Emotion, and Better Bets with Chris Taylor","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/e43b2ce1\"></iframe>","width":"100%","height":180,"duration":2206,"description":"We're chatting with Chris Taylor about how emotions drive decision biases, including appropriate confidence, risk appraisal, decision rules, and resisting framing. Chris reflects on early anger, pride, and overconfidence leading to unnecessary risk (including spending nearly $3M on scrapped software when revenue was about $400K), and shares improved practices: making small experimental bets, using a trusted brain trust of advisors / investors / lenders for alternative perspectives, deciding which decisions to delegate, reducing decision fatigue through preloading routines, joining high-level peer groups, and sustaining purpose through setbacks.\nTopics:\n00:00 Welcome\n01:19 Introducing Chris Taylor\n04:24 Emotions and Biases Model\n09:48 Small Bets for Data\n12:04 Brain Trust Feedback Loops\n15:20 Delegating the Decisions\n20:02 Routine Sets You Free\n21:55 Actionable Finds Its Niche\n23:23 Launching Catalyst as Experiment\n26:46 Why Keep the 17 Year Old Business?\n33:01 Advice to Younger Self","thumbnail_url":"https://img.transistorcdn.com/LIEeV7DPYO6yi3T1qKP7FaBIqM9KFfBFdc_Z6PcXKY0/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83NDky/NzYwOWYzNDA2Mzhj/ZThhMjZjZjZjMzQw/MmU5Zi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}