This is my 200th post here on Tacomob since I have started jotting down my thoughts in March 2014 here.

A good occasion to get a bit philosophical. Just a bit.

Decision-Making

So, life is all about decisions – those thousands of decisions that we take every single day. And luck, lots of luck, lots of dumb luck actually. A life-skill I have written about before “Luckily I am so lucky”.

Thus, let me muse about that other skill – decision-making.

To make reliably good decisions, I want to weigh how right I think I am against how sorry I will be if I turn out to be wrong.

Whether I should take a risk depends not just on the probability that I am right but also on the consequences if I am wrong.

Regret-Minimization

For me, it helps to ask myself these questions,

“If I make this change …