I love the thought experiment that you give, which I think elucidates this concept well, which is when you ask people, “What’s the best decision you’ve ever made? What’s the worst decision you’ve ever made?” We tend to not focus on the process by which we made the decision or the inputs to that decision but instead what the outcome was. So what you found is you asked people, “What was the best decision?” Well, they tend to choose the thing that had the best outcome and and vice versa for the bad one. It’s very possible that you made, actually, a really crappy decision, but you just lucked out.
MAYA SHANKAR
7
43 reads
CURATED FROM
IDEAS CURATED BY
It’s tough to frame decisions that way, as it’s human nature to base the quality of a decision on the quality of the outcome. They’re related, for sure, but great decisions can go poorly and bad decisions can sometimes work out in your favor.
“
The idea is part of this collection:
Learn more about psychology with this collection
How to build confidence
How to connect with people on a deeper level
How to create a positive first impression
Related collections
Similar ideas to MAYA SHANKAR
Small Talk Questions About Work
- If you weren’t working here, what would you probably be doing right now?
- How did you become a [job title]?
- What’s the craziest thing a boss has ever asked you to do?
- If you were guaranteed to be successful, what job would you want?
- What was your first job...
I find that I agree with essentially all of Taleb’s important points.
• Investors are right (and wrong) all the time for the “wrong reason.” Someone buys a stock because he or she expects a certain development; it doesn’t occur; the market takes the stock up anyway; the investor looks good (and invariably accepts credit).
• The correctness of a decision can’t...
COMFORT ZONE
Have you ever made a decision that made you uncomfortable? Something for the ‘greater good’ that was out of your comfort zone? If you have, then you would know that pushing past those boundaries of comfort ultimately brings out the best in you.
If you haven’t then I really suggest you do.
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates