The Three Types of Decision-Making

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Venkatesh Rao is a consultant and author of Tempo, a book that examines decision-making by weaving together concepts from math, cognitive psychology, and philosophy. Venkatesh appeared on episode 7 of the show back in 2018 and he starts this portion of our interview by discussing the three types of decision-makers. He also explains how world-building and fantasy books like Lord of the Rings can demonstrate how mental models work. It's time to listen and learn.

This episode is packed with wisdom from previous guests on the art of making better decisions.

We discuss the three types of decision-makers, how to control your emotions when making decisions, why it’s crucial to look at every decision differently, the processes for coming to the right decision, and how to learn from your mistakes when you get it wrong.

The guests on this episode are author Ventakesh Rao (Episode 7), psychologist, author and professional poker player Maria Konnikova (Episode 89), Stripe co-founder Patrick Collison (Episode 32), cognitive-behavioral decision science author and professional poker player Annie Duke (Episode 37), and Shopify co-founder Tobi Lutke (Episode 41). Transcript: https://fs.blog/knowledge-project-podcast-transcripts/tkp-insights-decision-making/

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