moneyFYI
Financial Freedom Is Merely Organized Common Sense
Category: Decision Making
Overnight Success Takes Years
The highly skilled have earned their objective success. It is never given or lucky.
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Drowning In Sunk Costs
Assess reasons for actions. Doing what you have always done is not necessarily the best approach.
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A Pandemic Is A Blemish, Not The End
Things are never as good as they seem nor as bad as they seem
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Chaos Is The Normal Condition
Our complex world is immensely more complicated than we know or can know.
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Treat Important Decisions More Formally
Keep the minutes as you decide what to do and how to do it.
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Models Are Not Facts
Models help you understand a problem They are a summary of the implications of what you know.
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Models and Model Building
Never accept the output from a model as a fact about the future.
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Amateurs Don’t Get It
Critics are of little value unless they add value to the solution.
