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Why Smart People Think Like Gamblers
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Similar ideas to 5. Avoid “Resulting”
People have a natural tendency to conflate the quality of a decision with the quality of its outcome. They're not the same thing.
You can make a smart, rational choice but still get poor results. That doesn't mean you should have made a different choice; it simply means that other f...
Most people evaluate decision based on its outcomes, but they forget that there are outside factors, such as luck.
Quality of a decision is determined by the process and the reasoning used when the decision is made.
To evaluate your decision we need to make it visible by writing down ...
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