"Turpentine VC" | Venture Capital and Investing cover image

E12: An Inside Look Into Sequoia's Strategy & Operations, with Alfred Lin

"Turpentine VC" | Venture Capital and Investing

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Decision-making Under Uncertainty: Importance, Application, and Balancing

Decision-making under uncertainty is a fascinating subject that has real-world applications. I was initially majoring in pure math but switched to applied math after taking a class on this topic. The concepts I learned are used in various fields, including AI and spreadsheets. Making decisions under uncertainty requires understanding that our choices today impact our future. It is important to take decision-making seriously and strive to make the best choices, even though it can be challenging. Some people struggle with uncertainty and get stuck without being able to make decisions. Finding the right balance between making the best decision possible and taking action is crucial.

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