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#233 - Annie Duke - How To Make Better Decisions
Modern Wisdom
Quick Decisions and Upside Potential
Making quick decisions by trying things out helps in gathering information efficiently to form better models for significant decisions. One should focus on exploring new experiences to determine preferences rather than relying on others' opinions. Deciding to go fast or slow should be based on the potential downside of the decision. The goal is to increase the probability of a positive outcome while reducing the likelihood of a negative one, creating a favorable balance. Even when choices are limited, efforts should be made to maximize the gap between potential upsides and downsides.
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