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'Lollapalooza' The most dangerous Cognitive Bias [animated video]

by Isaac Chanakira
4 replies
Watch out for Lollapalooza!
Hope you guys enjoy the video.
#animated #bias #cognitive #dangerous #lollapalooza #video
  • Profile picture of the author velvetcake
    nice production quality, but disappointed that "lollapalooza" only referred to quantity. previously heard the term "phalanx" for that effect which makes more sense as it is an ancient military group formation for attack. with the term lollapalooza.... I was expecting something related to creativity.

    as for the examples, they didn't resonate with me. social proof etc. doesn't spur a life of crime. there are other factors both temperamental and environmental. the idea that a grouping of biases impacts decision making is valid, but the examples were incomplete.

    I do think it's valuable to share psychology information in video format. plus, you already have excellent visuals.
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    • Profile picture of the author Isaac Chanakira
      Thanks for the feedback! more in depth analysis will come in future videos. This video was based of Charlie Mungers '25 Cognitive Biases' and my interpretation of what I understood them to be. Thanks for clarity in leading me to a more critical anaylsis, this rudimentary approach however I believed would be good to give the viewers a 'jist' of the Bias.
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      • Profile picture of the author velvetcake
        psychology topics are fascinating. it's good that you want to share '25 cognitive biases' with others.... my niche is entertainment (similar to video game reviews) but I definitely enjoy the psychology niche.

        another idea to share is the "false choice" technique..... where you are presented with 3 choices, but the choices are biased to have you specifically choose one of the three. I feel like everyone should be aware of these mind tricks as basic psychology knowledge.
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  • Profile picture of the author Odahh
    well i disagree with how easy it would be to get someone to rob a bank.. though the number did go up after the financial melt down many where to get money for oky addictions ..

    now the way that really works..is you start by suggesting robbing a bank.. then over the cours of a few weeks drop the severity of the crime down to say drug trafficking .."look no one is going to get hurt .. just drive to the next state for this guy i know ..pick up the drugs and drive them back ..

    it work in product pricing to.. have a super expensive product ..the a pricey luxury product.. and a cheeper affordable product ..and done right you may never sell the most expensive ..but you should sell many more of the luxury items than you would have
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