757: Annie Duke | The Power of Knowing When to Quit
The Jordan Harbinger Show
00:00
Understanding Intuitions and Decision Making
People often fail to pay attention to warning signals in the moment, such as when a project goes over budget and becomes significantly delayed. Contrary to intuition, knowing about a problem does not prevent people from repeating it. Additionally, the idea that one would make a different choice if starting fresh is flawed, as one cannot undo the history of their decision-making. Trying to approach decisions as if starting fresh does not improve the situation, since the context and history cannot be ignored.
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