How to Make Decisions like Ray Dalio - Deepstash
How to Make Decisions like Ray Dalio

How to Make Decisions like Ray Dalio

Curated from: 25iq.com

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Decision Making Process

Decision Making Process

The decision making process that Dalio, Buffett and Munger use is:

  1. Make the most rational decisions you can;
  2. Look for psychological bias that may have interfered with making a rational decision; and
  3. Expose your hypothesis to very smart people who have a thoughtful contrary view and deeply understand their position.

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“To better avoid errors, you should talk to people who disagree with you and you should talk to people who are not in the same emotional situation you are.”

DANIEL KAHNEMAN

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