QUALITY OF DECISION
"The Quality of your decisions will determine the quality of your life
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The notable principles from the video of the famous billionaire Ray Dalio
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Similar ideas to QUALITY OF DECISION
Decision Fatigue
Is the decline in the quality of decisions that are made by a person after many decisions have been made in a row.
Just like your muscles tiring out after a long cardio workout, your brain is also a muscle that becomes exhausted.
The quality of your thoughts
You truly get to know the quality of your thoughts when you write them down: how good of a thinker you are, how to make decisions and if they make sense, your goals, priorities, etc.
High-quality, high-velocity decision-making
Bezos offers a set of guidelines for how to make decisions at high-velocity:
- Understand that decisions can be reversed:
- Bias towards action: Most decisions should be made with close to 70% of the information needed. Waiting for 90%+ informatio...
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