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The planning fallacy is a phenomenon in which predictions about how much time will be needed to complete a future task display an optimism bias and underestimate the time needed. I discuss how this relates to New Year's resolutions. I also talk about Russell Brand's new years resolutions and his call to use a mentor to achieve your goals. This is part of a series, Big Idea Wednesday, where I discuss an idea that I've been thinking about.
Russell Brand's video :
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