Quotes About Decision-making

You can learn much about life from a checker game: surrender one to take two; don't make two moves at one time; move up, not down; and when you reach the top, you may move as you like.

When we keep choosing between right and wrong. We spend our energy sorting life rather than living it.

You choose how to feel and act every moment of every day. The moment you accept this responsibility completely, you gain total control over your life.

If you treat every situation as a life and death matter, you'll die a lot of times.

I say if it's going to be done, let's do it. Let's not put it in the hands of fate. Let's not put it in the hands of someone who doesn't know me. I know me best. Then take a breath and go ahead.

A pessimist, confronted with two bad choices, chooses both.

I think of a man in the voting booth who hesitates between two levers as if he were pausing between competing tubes of toothpaste in a drugstore," Reeves explained. "The brand that has made the highest penetration on his brain will win his choice.

Never do anything that you don't want to have to explain to 9-1-1 personnel.

Having no choices, no agency, was a killer, but having too many was equally crippling.

Your fear of failure should never be greater than your fear of regret.

Where there is no counsel, the people fall; but in the multitude of counselors there is safety" (Proverbs 11:14 NKJV).

The fact that you're poised to commit genocide undermines your judgement on ethical matters.

Be ready to walk away. Remember, you only want this deal, you do not need this deal.

It is absolutely imperative that you as a negotiator understand the importance of this point. You do NOT need this deal, because to be needy is to lose control and make bad decisions.

The capability of self-organizing teams lies in collaboration. When two engineers scratch out a design on a whiteboard, they are collaborating. When team members meet to brainstorm a design, they are collaborating. When team leaders meet to decide whether a product is ready to ship, they are collaborating. The result of any collaboration can be categorized as a tangible deliverable, a decision, or shared knowledge.

Dialogue, discussion, and participatory decision making are all part of building self-discipline.

They seem to be simple because they have formal heads and definite forms, councils, voting assemblies, and so forth, for arriving at decisions. But the formal heads, the kings, presidents, and so forth, are really not the directive heads. They are merely the figure heads. They do not decide. They merely make gestures of potent and dignified acquiescence when decisions are put to them.

Some of the worst mistakes of my life have been haircuts.

The objective of the scenario approach is not to decide which scenario is right…. There is no 'right' answer.

The basic distinction between the individual and the crowd is that the individual acts after reasoning, deliberation, and analysis; a crowd acts on feeling, emotion, and impulses.

Decision making is a process of reaching a conclusion after careful consideration; it is a judgment, a choice between alternatives when all the facts are not yet, and cannot yet, be known because they depend on events unfolding in the future. Therefore, decision making is not a choice between right and wrong. In 20/20 hindsight, decisions might be good or bad but not right or wrong. With regard to the markets, only expressed opinions can be right or wrong.

the decision-making process is as follows: (1) Decide what type of participant you're going to be, (2) select a method of analysis, (3) develop rules, (4) establish controls, and (5) formulate a plan.

The truth is that trading, both successful and unsuccessful, is more about psychology than tactics.

Broadly speaking, the decision-making process is as follows: (1) Decide what type of participant you're going to be, (2) select a method of analysis, (3) develop rules, (4) establish controls, and (5) formulate a plan.