Why Does Bad News Feel So Much Worse?An old ship's bell explains how our brains handle risk.

From the show

The Logic Glitch

Lloyd's of London, the world's original insurance market, has a peculiar tradition involving a ship's bell. Ringing it once for bad news and twice for good reveals a deep-seated psychological quirk in all of us. This simple system shows how we are hardwired to feel the sting of a loss far more intensely than the pleasure of a gain. It's a principle called loss aversion, and this bell is its perfect symbol, explaining why we often play it safe even when the odds are in our favor.