Your Environment Matters If You Want To Make Better Decisions
Farnam Street stashed this in Interesting
I’m hard pressed to imagine an environment less conducive to rational decisions than that of the modern office worker.
http://www.farnamstreetblog.com/2013/12/your-environment-matters/
Stashed in: Decisions, Warren Buffett, Context
Love the link to the Charlie Munger quotes:
“I never allow myself to have an opinion on anything that I don’t know the other side’s argument better than they do.”— Charlie Munger
“We all are learning, modifying, or destroying ideas all the time. Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire. You must force yourself to consider arguments on the other side.”— Charlie Munger
“The ability to destroy your ideas rapidly instead of slowly when the occasion is right is one of the most valuable things. You have to work hard on it. Ask yourself what are the arguments on the other side. It’s bad to have an opinion you’re proud of if you can’t state the arguments for the other side better than your opponents. This is a great mental discipline.”— Charlie Munger
http://www.farnamstreetblog.com/2013/04/the-work-required-to-have-an-opinion/
This is gold:
"Rapid destruction of your ideas when the time is right is one of the most valuable qualities you can acquire."
2:26 PM Dec 22 2013