![]() ![]() Incomplete information serves only to weaken our choices. ![]() Simply put, we have to be high alert for the creep of incomplete information.Īs Richard Feynman said, “The first principle is that you must not fool yourself, and you are the easiest person to fool.” We are easily blinded by their experiences, as they share convincing stories. The opinion of others only increases the density of the information we're going to make our decision from. We build stories from these past beliefs and create theories and ideas that become stone. We confuse experiences with base rates and believe them without checking. It doesn't.Īssumptions come from our experiences of previous events. You'll be thinking this all comes from other people. Here, our awareness of this risk of flawed data has to be at its highest. We treat half-truths, theories, opinions and assumptions as facts. Our acceptance of incomplete information as complete is how many poor decisions evolve. It is where every decision begins, and if we're not careful, it is where every bad decision arises. When we see the decision as our only input, the quality of our decisions improves. Our powers to assess and judge information weaken with the blur of choice and result. The cognitive bias in our brains pushes our intuition to act. Without the separation of choice and outcome, our experiences become poor teachers.įor instance, we begin to doubt the control we do have. Becoming a better decision-maker means learning from experience. Our experiences guide our future choices. It is nature's expression of luck, uncertainty and randomness.Įntropy disrupts the most carefully planned outcomes.Īdditionally, this known law of thermodynamics reaches beyond the outcomes we experience. When we call a bad outcome a bad decision we are ignoring what we don't control. Was your choice bad, or is it more likely that the outcome has biased your opinion? Equally, a good result doesn’t mean you made the right decision.Īsk yourself the last time you didn’t get what you wanted and what you’ll likely find is a decision you call bad. ![]() We do this with both good decisions and bad decisions.Ī wrong decision isn’t the same thing as a bad outcome. We are prone to confusing decisions with outcomes. The theory is by limiting the ways you can make a poor choice, the only way forward is a higher-quality decision. In our quest to make good decisions, it is often easier to avoid making bad ones first. Never decide when you’re unwell, hungry, or in a rushĮach rule serves to stop you from making a bad decision. Don’t let anyone define the problem for youĥ. The 5 life rules to help you avoid making bad decisions are simple and straightforward:Ĥ. So, we act impulsively and let our biases run free. Mentally, we become too tired to think through our choices. Too many choices create decision fatigue. Without constraints, we are prone to making too many decisions. They give us the chance to limit the impact of our biases and soften the impulsive urges we have to act quickly. To do this, we have to use life rules to guide us when it comes to making decisions. Our challenge in life is to limit the times we make these poor choices. ![]() We're imperfect, which means we often make choices we regret. Document.addEventListener('DOMContentLoaded', () => ) ![]()
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