3 ms·
Defer decisions until the last moment possible is one of the best things to do when making a tough decision. Its weird how we praise "quick decision makers." Th
by PatientTrader 9y ago
Defer decisions until the last moment possible is one of the best things to do when making a tough decision. Its weird how we praise "quick decision makers." They are more or less simply gambling. Information tends to grow exponentially overtime. By waiting your chances of making a sound decision increase.
- smanatstpete 9y ago"Information tends to grow exponentially overtime. " Maybe true. However, the opportunity cost of playing the waiting game also tends to follow a similar path.
- PatientTrader 9y agoThat's true. But any investor/CEO/Business owner will tell you: It's better to be late and right, than to be early and wrong.
- PakG1 9y agoWhat happened to fail fast? ;)