In this episode, Aman and Aadil dig into loss aversion: the hidden bias that quietly shapes bad decisions in careers, money, and life. Through personal stories, everyday examples, and business case studies, they unpack why people fear losing far more than they value winning — and how that fear keeps them stuck, safe, and underperforming.

They explore how loss aversion shows up in everything from investing and job choices to relationships and health decisions, why avoiding the “wrong move” often costs more than making one, and how to reframe risk with clearer thinking. 

A thoughtful, candid conversation on decision-making, compounding gains, and learning to play for upside instead of protection.

Aadil's Contact Information:
📷  Instagram -  @aadil.manazir 

Aman's Contact Information:
📷  Instagram -  @amanmanazir

Timestamps:

00:00 Introduction
00:42 Halloween Party Stories
02:44 Aman's Alex Hormozi Costume
05:50 Finasteride Decision & Doctor Visit
07:18 Conflicting Medical Advice on Finasteride
10:05 Hormozi's Acquisition.com Notebook Story
12:21 The $20 Table Buying Thought Experiment
13:35 Loss Aversion Explained
17:11 Loss Aversion vs. Income Variance
20:00 The Cost of Fear vs. Failure
25:04 Lifestyle Business vs. Quant Career
29:02 Overcoming Loss Aversion
30:16 Parents as Doctors Context
37:28 Japan Laundry $80 Debate
39:45 Sunk Cost in Relationships & Majors
40:32 $100 Productivity Apps Presentation
42:09 Generational Business Mentors
47:05 Sam Altman & Elon Musk Interview