2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

RWH026: Wealth & Health w/ Jason Karp

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Slow Decision Making

A friend of mine, Ken Shubenstein, said there are states in which we're more likely to make dumb decisions and slip back into self-destructive behavior. He had a mnemonic called PS to remind him of those states. And one of the things that Ken said that's been very helpful to me is just when you're in one of those states, just slow down and don't make really important decisions. That was so helpful and it is so true, especially with exhaustion and with hunger.

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