Why Failure Hurts More Than It Should

Mark Manson · · 49 min

Mark Manson and Drew Bernie explore why failure and loss hurt far more than their actual stakes, tracing it to loss aversion and threats to social status.

Watch the episode 49 min · YouTube

The gist

  1. Loss aversion is roughly a 2-to-1 ratio in human psychology, so losing $100 feels about twice as painful as gaining $100 feels good.
  2. Failure hurts largely because the brain reads social status loss as a survival threat, even from strangers you will never see again.

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Also mentioned

6:12 Prospect Theory · "They eventually kind of bundled up a lot of their experiments and they broadly called it prospect theory,..."
15:59 Is Tiger Woods Loss Averse? · "Probably the most interesting example of loss aversion that I found was there was a really interesting..."

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