AI Snips
Chapters
Transcript
Episode notes
Treat Uncertainty As A Planning Variable
- Uncertainty is an ever-present feature of reality that you should plan for instead of denying.
- Designing plans that assume uncertainty produces very different, more resilient outcomes.
Hold A Strategic Reserve
- Build reserves and lines of credit to create buffers for unexpected events and opportunities.
- Treat a strategic reserve as both emergency funds and capital for promising opportunities.
Judge Decisions By Permanence And Impact
- Evaluate decisions by their permanence and impact to decide how much information you need.
- Low-impact choices are for experiments; high-impact choices require more data and care.