AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The FIRE Framework: Trusting Your Gut or Rational Analysis
The author introduces the FIRE framework, which helps determine when to trust intuition and when to use rational analysis. The acronym stands for fast decisions and irrelevant decisions. Fast decisions require trusting intuition due to lack of time for analysis, while irrelevant decisions are not worth the effort of analysis and can be decided intuitively. The author uses examples from driving and ordering food to illustrate the effectiveness of using intuition in certain situations.