This is the biggest decision-making mistake

  • The foundation for all decision-making, according to expert risk-taker Barnaby Marsh, is acquiring adequate information.
  • Context and consideration of the possible outcomes is important because each decision is different and what works in one scenario won’t necessarily work in another.
  • Marsh argues that the evolution of knowledge is also crucial. Failing to shift and reframe knowledge as environments change (the fallacy of excessive expertise) is the biggest mistake in decision-making.

How Luck Happens: Using the Science of Luck to Transform Work, Love, and Life
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