Been reading a lot about decision making lately because, too often, I just feel like I can't decide. There are some interesting things I've learned. Here are my favourite researched insights and tips 👇
The invisible villain: confirmation bias.
Hunting for self-serving information that confirms our initial assumptions.

Look out for it the next time you're asking what external display to buy (apparently that's what a lot of ppl on twitter do these days 🤷‍♂️)
Here's a tip 💡: When reading product reviews, prefer the 3-4 ⭐️ over the 5 ⭐️ ones.

They are often more down to earth, honest and give realistic expectations. In 5 star reviews the product is often too "perfect".
1-2 star reviews are mostly about broken shippings.
Next time you need to decide, consider your "Opportunity cost".
Ask yourself what else you would give up when you make a certain decision. Instead of buying your next expensive gadget, you could spend that money on a nice trip with your spouse.
If you really have to buy that thing, but still can't decide between 2 products, ask what value the remaining money could bring if you took the cheaper option

Take the amazing sound system for $500 or the really good one for $400 and use the remaining $100 for music to listen to
To gather more trustworthy information, ask disconfirming questions.

E.g: In a job interview, ask how many people were hired 5 years ago? How many of them remain in the company? Who were the last three that left the company and why?
To overcome short-term emotions, which influence our decision making heavily, attain some distance using the 10/10/10 technique:

How will you feel about your decision in 10 minutes from now?
How about 10 months from now?
How about 10 years from now?
That's it! 💁🏼‍♂️
Of course, there are many more methods, mental models, tricks and things that help making better decisions.

Hopefully these give you a good start to explore this topic!
You can follow @PascalPrecht.
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