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Just don't go overboard with looking for the absolute best. Your post reminded me of "The Paradox of Choice" [1], a book by Barry Schwartz that I read not long
by marekmroz 14y ago
Just don't go overboard with looking for the absolute best.
Your post reminded me of "The Paradox of Choice" [1], a book by Barry Schwartz that I read not long ago. One of the claims that the author makes is that satisficing is the best maximizing strategy. After factoring in stress, wasted time and dissatisfaction that result from looking for "the best" product or price it turns out that paying a bit more for a product that is good enough is cheaper.
[1]The Paradox of Choice: http://www.amazon.ca/Paradox-Choice-Why-More-Less/dp/0060005696/ref=sr_1_1?s=books&ie=UTF8&qid=1342118392&sr=1-1 http://www.amazon.ca/Paradox-Choice-Why-More-Less/dp/0060005...
- lelele 14y agoBut how can you decide whether a product is a good trade-off when you don't know what the best is? I think that leaving the decision to trustworthy experts is the most viable solution. EDIT: Actually, your best long term investment could be learning how to spot trustworthy expert advice.