Decisions are a cost-benefit analysis of risking something small for the opportunity to gain something big.
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It is a decision-making tool for risky situations. The main point is that visualizing the worst-case scenarios lets you manage them rationally.
There are 3 stages
Stoics preferred to control fears and desires, rather than being their prisoners.
That led them to visualize worst-case scenarios in detail, in order to control them.
We are risk-averse by nature, and we're also imaginative. That gives us the capacity to overthink our fears until they become way worse than truth.
The act of defining fears gets the worst-case scenario on the page. And in most cases, it’s not as bad as we thought, or as likely.
Most people assume that good decision making is choosing a course of action that leads to the desired outcome.
In reality, decision making is about how you end up with your...
Before making a decision, don't just ask the obvious questions like "what are my alternatives?" or "what are the consequences?"
Consider instead these questions:
Asking yourself critical questions forces you to think about what you can't know.
Critical questions direct you to friends, mentors, communities, books, courses, and even podcasts for insights that encourage an outside perspective.
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