Saved by Clara Nafria
11 Myths About Decision-Making
How to make better decisions: slow down and think twice, conduct a premortem, red-team your strategy, consider counterfactuals, minimize hindsight bias and creeping determinism, and consider a wider range of potential outcomes
Michael Mauboussin • Michael Mauboussin — How Great Investors Make Decisions, Harnessing The Wisdom (vs. Madness) of Crowds, Lessons from Race Horses, and More (#659) - The Blog of Author Tim Ferriss
“Common causes of bad decisions:
1. Not asking, “and then what?”
2. Blindness to large trends (blind spots)
3. Assumptions based on small sample sizes
4. Conforming to expectations/authority/group
5. Wanting the world to work the way we want rather than the way it does.”
1. Not asking, “and then what?”
2. Blindness to large trends (blind spots)
3. Assumptions based on small sample sizes
4. Conforming to expectations/authority/group
5. Wanting the world to work the way we want rather than the way it does.”
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