
Think Twice: Harnessing the Power of Counterintuition

Obviously, we all want good outcomes, but as we’ve seen, good decisions can have bad outcomes, and bad decisions can have good ones. Evaluating decisions—ours or others’—based on the outcome (or how we feel about the outcome) fails to distinguish luck from skill and control. Because of that, engaging in resulting doesn’t help us get better. The res
... See moreShane Parrish • Clear Thinking
What makes a decision great is not that it has a great outcome. A great decision is the result of a good process, and that process must include an attempt to accurately represent our own state of knowledge. That state of knowledge, in turn, is some variation of “I’m not sure.”
Annie Duke • Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts

Second-order thinking, as valuable as it is, must be tempered in one important way: You can’t let it lead to the paralysis of the Slippery Slope Effect, the idea that if we start with action A, everything after is a slippery slope down to hell, with a chain of consequences B, C, D, E, and F.