Book Notes: Smart Choices – a Practical Guide to Making Better Life Decisions
jasonshen.com
jasonshen.com
With regards to this point:
The most common ... mistake people make ... is that they just don’t think about it.
... while that is true, I think the root problem is that people don't think about it for themselves.
In other words, people are apt to use analogies or proxies to simplify the decision process. This is useful short-hand for a lot of things in life (no need to think too much about uber), but leaves much to be desired for pivotal decisions. Silicon Valley is an echo chamber ... are you ideas really your own? or are you parroting someone else?
I think Elon Musk says it best in his interview with Kevin Rose: http://youtu.be/g92rP1Mi_oQ
His main point is to take time to think from first principals (e.g. the raw materials of rockets cost less than <1% of the finished product ... therefore, something is wrong!) and to try to come to your own conclusions.
Does anyone know of a good website that has similar cliff notes on books? Maybe one where you can read notes by others and contribute your own. Thanks
On a related note, I remember hearing about a study (this is going back almost a decade now) showing that those who live in poverty were often found to have poor decision-making skills.
The findings sounds both obvious and patently unfair, but I wonder if anyone else has heard of a study like that. A link would be great.
If this doesn't convince you, at least consider the fact that doing this exercise will allow you to be more sure of your "gut" decision should they align and be a tad more wary of it should they disagree.