How to Make Smart Decisions Without Getting Lucky
We live in a society that demands specialization. Being the best means being an expert in something. Letters after your name and decades in the trenches of experience are required before you can claim to know anything. In one sense there is nothing wrong with this â specialized knowledge is required to solve problems and advance our global potential. But a byproduct of this niche focus is that it narrows the ways we think we can apply our knowledge without being called a fraud. So we think physicists canât teach us about love; mathematicians canât instruct us on how to run a business; poets donât know squat about âmy life.â And bloggers canât contribute to philosophy. I donât believe this is true. Knowledge is hard to come by. It takes work and commitment, and I think we owe it to ourselves to take it out of the box it comes in and experiment with it. We should blow past conformity and apply all the knowledge at our disposal to the problems and challenges we face every day. The lesson for us is that the people making consistently good decisions take advantage of how the world works. Thatâs wisdom. Real knowledge of the art of decision making, which remains true across time and circumstances, eras and epochs, can help increase the odds that we get what we want and reduce costly mistakes. While everyone else is guessing, falling into old patterns, blindly following cognitive biases, we can be clear-headed and laser-focused.
source:Â How to Make Smart Decisions Without Getting Lucky
