Bad Decisions - Page 2

Post a Reply

Prev 1 2 All

thedeadhaji

39489 Posts

April 03 2012 04:26 GMT

#21

Maybe it boils down to this: I am an analytic person, and I let my logic and reasoning drive me. At the core of my being is a constant cost-benefit analysis as well as a look-forward projection of what each action will lead to.

Because of my headstrong belief in my own style that guides me, I find it incredibly difficult to find reason or legitimacy in some decisions.

Maybe that sums it up.

---------

Btw ironically, 10 minutes after writing this article, I thought to myself "maybe there is no such thing as bad decisions, only relative differences in perspective and preferences..." I took some notes down, and thought about writing about that in the future.

Melchior

United States112 Posts

April 04 2012 03:46 GMT

#22

On April 03 2012 13:26 thedeadhaji wrote:
Maybe it boils down to this: I am an analytic person, and I let my logic and reasoning drive me. At the core of my being is a constant cost-benefit analysis as well as a look-forward projection of what each action will lead to.

Huh, I thought I posted a reply earlier today but it turns out I forgot to hit the Post button.

Of course, two people using logic and reasoning can still come up with two completely different actions depending on what they're optimizing for. If you're trying to minimize debt, you might try to pay off loans as fast as possible, whereas maximizing your lifetime earnings may mean investing money instead of repaying the loan faster (assuming you think you can get better returns than the student loan interest rate).

When you have two people using rational analysis, then perhaps each person's so-called "strategic direction" is the primary driver. I think there's room for multiple "correct" paths, just as there is room for multiple strategic positions in most industries (e.g. low-cost provider vs value-added differentiator).

Prev 1 2 All

Please or register to reply.

Bad Decisions - Page 2

Completed

Ongoing

Upcoming