Chapter
Preserving Optionality as a Risk Strategy
10:20 - 15:07 (04:47)
Preserving optionality is one way to mitigate risks in decision making by allowing for the ability to exit or choose a different path. However, new information may reveal itself in the future that may influence a change in decision making.
Clips
The speaker draws a comparison between the stock market and dating, explaining how both provide opportunities for exploration before making a final decision.
10:20 - 11:54 (01:34)
Stock market, Dating
Summary
The speaker draws a comparison between the stock market and dating, explaining how both provide opportunities for exploration before making a final decision.
ChapterPreserving Optionality as a Risk Strategy
Episode#233 - Annie Duke - How To Make Better Decisions
PodcastModern Wisdom
Preserving optionality in decision making implies having the ability to exit a path that does not work out by making amazing choices that can work out 70% of the time, as new information might reveal itself later, which may affect the decision made earlier.
11:54 - 15:07 (03:12)
Decision Making
Summary
Preserving optionality in decision making implies having the ability to exit a path that does not work out by making amazing choices that can work out 70% of the time, as new information might reveal itself later, which may affect the decision made earlier.