
← Curated The Podcast21. Sept. · 20 Min.
Ep 25: Why your brain won't let you clear out your closet
Ep 25: Why your brain won't let you clear out your closet
(even if you wanted to) Your closet is full, but you wear the same few things all the time. In this episode I break down the two biases behind that: the endowment effect and the fear of scarcity, and give you the questions and one travel exercise to cut through them. Mentioned in the episode: Part 1 questions: If I didn't own this, would I buy it today, and what would I pay for it?If my luggage disappeared with this piece inside, would I replace it?If a friend with great taste offered m...