Tim Ferriss: Decision-Making Mental Models — Using Intuition

You don't need to make the perfect decision all the time, and if you want to preserve your decision-making energy for the things that actually matter, then try to make decisions that are not critical (e. g. deciding what toilet paper to buy or which Airbnb to rent) as quickly as possible.

If they are reversible (easily undone - like being able to get a refund for something or being able to buy another cheap item) even if they seem like big decisions, making these decisions quickly is a habit worth cultivating. It will save you energy so you can focus on decisions where the stakes are higher.

This practice involves writing down the best and worst-case scenarios for different options. They are good for investing-related decisions but can be applied to many other instances: If you can cap the downside, and there is an asymmetrical upside, then you know at least your maximum losses.

These are more helpful and more actionable than pro-con lists (which can be just long lists of different things to compare and contrast).