In Good Company with Nicolai Tangen cover image

Citadel Founder and CEO: Investing, Innovation, Culture, and Politics

In Good Company with Nicolai Tangen

NOTE

Leadership and Decision Making

Great leadership involves being realistic and practical when facing problems, opportunities, and decisions. Effective leaders focus on making rational decisions without being influenced by sunk cost fallacy or unwarranted hope. They understand the importance of the trade-off between accuracy and speed in decision-making, sometimes prioritizing being nearly right and quick over being absolutely right and slow.

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