Dan Ariely

If you ask me whether it's better in this world to be a trusting person or not trusting person, I would say that the trusting person would have much more improvement, but they would feel more the pain of mistrust. The non-trusting person will not make much gains in the world, but they will not experience the betrayals. So that was a betrayal.

If you ask me whether it's better in this world to be a trusting person or not trusting person, I would say that the trusting person would have much more improvement, but they would feel more the pain of mistrust. The non-trusting person will not make much gains in the world, but they will not experience the betrayals. So that was a betrayal.

If you think about the question of cancel culture, society, negative feedback, and so on, I think it's the same thing. Lots of people are basically saying, you know what? I'm out of the game. I'm not interested. I'm not participating. I'm not playing. And I can see why in the short term it's tempting, but I don't think it's the recipe for a good life.

If you think about the question of cancel culture, society, negative feedback, and so on, I think it's the same thing. Lots of people are basically saying, you know what? I'm out of the game. I'm not interested. I'm not participating. I'm not playing. And I can see why in the short term it's tempting, but I don't think it's the recipe for a good life.

I think at the end of the day, the recipe for a good life has to involve lots of progress. And lots of progress means lots of scars, metaphorically.

I think at the end of the day, the recipe for a good life has to involve lots of progress. And lots of progress means lots of scars, metaphorically.

I think about this adventure with the misbelievers. I think of it as like climbing Mount Everest. Intellectual, not the real thing. I can't climb the real thing. But when people climb Mount Everest, they get injured. Nobody gets out of there without frostbite. Some people lose their lives. I mean, it's a very, very tough thing to do.

I think about this adventure with the misbelievers. I think of it as like climbing Mount Everest. Intellectual, not the real thing. I can't climb the real thing. But when people climb Mount Everest, they get injured. Nobody gets out of there without frostbite. Some people lose their lives. I mean, it's a very, very tough thing to do.

And I think a lot of the things we do that are worthwhile are kind of like that. We need to figure out if that's our life strategy. And I think that more of us would be better off by taking more of these challenges. One of my favorite stories from economics is a story from Paul Samuelson, the famous economist at MIT.

And I think a lot of the things we do that are worthwhile are kind of like that. We need to figure out if that's our life strategy. And I think that more of us would be better off by taking more of these challenges. One of my favorite stories from economics is a story from Paul Samuelson, the famous economist at MIT.

And Samuelson goes to a friend of his in the department and he says, look, I'm going to offer you a bet and I'm going to give you slightly different numbers. I'll toss a coin. If it comes on head, I'll give you $120. If it comes on tail, you'll give me $100. I'll give you $120. You'll give me $100. Do you want to play? And his friend said, no, I don't want to play.

And Samuelson goes to a friend of his in the department and he says, look, I'm going to offer you a bet and I'm going to give you slightly different numbers. I'll toss a coin. If it comes on head, I'll give you $120. If it comes on tail, you'll give me $100. I'll give you $120. You'll give me $100. Do you want to play? And his friend said, no, I don't want to play.

And he said, I understand that the expected value is positive, that on average it's a good deal. But if I win $120, I'll be slightly happy. If I lose $100, I'll be very miserable. So winning $120 is little happiness. Losing $100 is a lot of misery, not worth it. And then Samuelson says, and what if we play this a thousand times? His friend said, of course I'll play.

And he said, I understand that the expected value is positive, that on average it's a good deal. But if I win $120, I'll be slightly happy. If I lose $100, I'll be very miserable. So winning $120 is little happiness. Losing $100 is a lot of misery, not worth it. And then Samuelson says, and what if we play this a thousand times? His friend said, of course I'll play.

And then Samuelson says, look what you're telling me. You're telling me that if I came to you every day and said you want to play this, every day you would say no. And three years later, a thousand days later, I would ask you, how were your decisions up to now? And you would say, my goodness, why did I play this way?

And then Samuelson says, look what you're telling me. You're telling me that if I came to you every day and said you want to play this, every day you would say no. And three years later, a thousand days later, I would ask you, how were your decisions up to now? And you would say, my goodness, why did I play this way?

And I think that when we look at life one decision at a time, we tend to be too timid. We tend to think about the losses and the gains and the losses are more painful than the gains are happy. And because of that, we don't take enough risk. But I think we need like a portfolio approach. When we look at our life, we say, that's not the life I want to live. I don't want to live a timid life.

And I think that when we look at life one decision at a time, we tend to be too timid. We tend to think about the losses and the gains and the losses are more painful than the gains are happy. And because of that, we don't take enough risk. But I think we need like a portfolio approach. When we look at our life, we say, that's not the life I want to live. I don't want to live a timid life.

So I think we need to figure out It is painful. It's terrible. I'm not recommending it to anybody. But on the other hand, living a timid life is no way to live either. We have to try and we have to learn to accept it. And then there are things we can do to prepare. So you said thick skin. I think the thick skin is really resilience.

So I think we need to figure out It is painful. It's terrible. I'm not recommending it to anybody. But on the other hand, living a timid life is no way to live either. We have to try and we have to learn to accept it. And then there are things we can do to prepare. So you said thick skin. I think the thick skin is really resilience.