probabilistic thinking and risk management. This time, I’d like to share my thoughts on what I believe are the two key components of making good decisions: clarity and information.You see, a good decision has two characteristics:This is where clarity and information come into play. Clarity takes you to the place you want, while information gets you there in an efficient way.You might think that the role of clarity here is trivial.
After all, don’t we all know what we want? But it’s not that simple. Why? Because we could choose the wrong proxy for what we actually want.For example, everyone wants happiness.
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