Learn more about problemsolving with this collection
How to create a diversified portfolio
How to analyze stocks and bonds
Understanding the basics of investing
Not Just Speed
It isn't just about making fast decisions.
The challenge is to make informed, high-quality decisions, with inadequate or incomplete data, and do it fast.
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548 reads
MORE IDEAS ON THIS
"Most decisions should probably be made with somewhere around 70% of the information you wish you had. If you wait for 90%, in most cases, you're probably being slow."
JEFF BEZOS
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871 reads
Correcting Bad Decisions Fast
Stay flexible and be prepared for a speedy course correction of things that break down with a bad decision.
Get comfortable with uncertainty, and master the art of quickly recognizing, and correcting bad decisions.
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522 reads
Being Wrong
It is better than nothing. Being slow leads you nowhere but being wrong while moving fast can lead you somewhere eventually.
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676 reads
Related collections
Other curated ideas on this topic:
The Speed Of Action
We usually want to take action as fast as we can, but with important decisions, we tend to wait and research more so that we can check the options and not make any mistakes.
The preparation time we need is often fear-based because we don’t want to mess up ...
Break Out of Your Comfort Zone
- Do everyday things differently. Make a change (large or small) in the way you do things on a day-to-day basis.
- Take your time making decisions. Making educated decisions can push you out of your comfort zone. Think, don't just react.
- Trust yourself and make s...
Not Always Fun
Passion isn't just about what you love to do, or what is fun, but what you care about. Focussing on what you care about leaves out the 'enjoyment' part and aligns your passion with your values and the impact you want to have in this world.
Passion also wanes over time, a...
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