Quotes About Decision-making

Que tratamos, entonces, de lograr con este libro? Nuestro principal objetivo consistirá en orientar al lector para prevenirle frente a las áreas de posibles errores sustanciales, y en desarrollar políticas con las que se sienta cómodo.

the investor's chief problem—and even his worst enemy—is likely to be himself.

simplicity of choice, and promise of satisfactory results, in terms of psychology as well as arithmetic.

As the Danish philosopher Søren Kierkegaard noted, life can only be understood backwards—but it must be lived forwards. Looking back, you can always see exactly when you should have bought and sold your stocks. But don't let that fool you into thinking you can see, in real time, just when to get in and out.

What else should you watch for? Most fund buyers look at past performance first, then at the manager's reputation, then at the riskiness of the fund, and finally (if ever) at the fund's expenses. The intelligent investor looks at those same things—but in the opposite order.

Looking back, you can always see exactly when you should have bought and sold your stocks. But don't let that fool you into thinking you can see, in real time, just when to get in and out. In the financial markets, hindsight is forever 20/20, but foresight is legally blind. And thus, for most investors, market timing is a practical and emotional impossibility.5

To ask another man's blessing is simply to avoid taking the responsibility.

A man who loves his daughter does not let her go into Wales.

The only purpose a Council serves is to make you all feel important.

Choose your battles," I snarled at Æthelstan. "That space between your ears was given so that you can think! If you just charge whenever you see an enemy you'll earn yourself an early grave.

Just what do you plan to do, Sharpe? the Lieutenant asked. Don't know, sir. Won't know till we get there. You're going to the mine? Aye, sir. There'll be guards. Like as not. And only two of us. I can count, sir. Sharpe grinned. It's reading I find hard. But my letters are coming on, aren't they?

Confusion is inevitable in battle, but indecision is unforgivable.

Choose your battles,' I snarled at Æthelstan. 'That space between your ears was given so that you can think! If you just charge whenever you see an enemy you'll earn yourself an early grave.' Lord Uhtred of Bebbanburg

If you wait for certainty in war, lord king, you'll die waiting.

it's a foolish king who doesn't listen to his advisers. -It's a foolish king, who doesn't know which advisers to trust.

Nothing is so exhausting as indecision, and nothing is so futile.

The use of self control is like the use of brakes on train. It is useful when you find yourself in wrong direction but merely harmful when the direction is right

The problem of finding a collection of "wise" men and leaving the government to them is thus an insoluble one. That is the ultimate reason for democracy.

True forethought only arises when a man does something towards which no impulse urges him, because his reason tells him that he will profit by it at some future date.

It may be laid down as a general rule to which there are few exceptions that, when people are mistaken as to what is to their own interest, the course that they believe to be wise is more harmful to others than the course that really is wise. Therefore anything that makes people better judges of their own interest does good.

I'm not saying everything else is unimportant. I'm just saying that I've learned to see everything else as optional.

Which of you, wanting to build a tower, doesn't first sit down and calculate the cost to see if he has enough to complete it? Luke 14:28

When you're a member of a team, when I was member of a team, whether I ultimately agreed or disagreed, once a president makes a decision, everybody, in my opinion, has to go with that decision, or you shouldn't be a member of the team. Your reputation rises and falls with the person who's the leader of the team.

After I did 'Private Benjamin,' suddenly the reputation was that Goldie Hawn calls her own shots.