Value

With the right pace, you also need access to the right resources. This is because resources indicate your ability to innovate. Without them, an idea is simply just an idea, and pursuing something without the necessary resources will cause you to spend more time pursuing resources...

We all spend time making decisions with some risk involved. We look at each situation and consider the likelihood that something will happen as well as if it would be worth it.
For example, whether to sprint across the street when the sign says “don’t walk.”

Expected value...

We are all prone to jump to conclusions.

The psychological term for jumping to conclusions is "inference-observation confusion", meaning people make an inference but fail to label it as such, which results in faulty conclusions.