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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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In this episode, we talk about how we tend to overstimate the likelihood of things we can easily imagine, overly assume that people who are good at one thing tend to be good at other things, underestimate the importance of things the further we think they will occur in the future, and wrongly allow 'sunk costs' to influence decision-making.
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