Quotes About Decision-making

investment success requires sticking with positions made uncomfortable by their variance with popular opinion. Casual commitments invite casual reversal, exposing portfolio managers to the damaging whipsaw of buying high and selling low. Only with the confidence created by a strong decision-making process can investors sell mania-induced excess and buy despair-driven value.

Sensible investors take great care to minimize the tax bill associated with moving assets from the high-risk, long-term portfolio to the low-risk, short-term portfolio. Although the tax code introduces many complexities to investment decision making, as a starting point consider moving taxable long-term assets to the low-risk portfolio, thereby allowing tax-deferred holdings to continue to receive shelter from taxes.

Casual commitments invite casual reversal, exposing portfolio managers to the damaging whipsaw of buying high and selling low. Only with the confidence created by a strong decision-making process can investors sell mania-induced excess and buy despair-driven value.

A wise king does not garner all wit, instead he also allows his cunselors to be wise.

It's a thin line between what we're calling acceptable and not acceptable. As a leader, you're supposed to know when not to cross it. But how do you know? Does the army teach us how to control our emotions? Does the army teach us how to deal with a friend bleeding out in front of you? No.

Learning how to think really means learning how to exercise some control over how and what you think. It means being conscious and aware enough to choose what you pay attention to and to choose how you construct meaning from experience. Because if you cannot or will not exercise this kind of choice in adult life, you will be totally hosed.

Be on guard. The road widens, and many of the detours are seductive.

How is there freedom to choose if one does not learn how to choose?

But someone sometime let you forget how to choose, and what. Someone let your peoples forget it was the only thing of importance, choosing. . . How to choose any but a child's greedy choices if there is no loving-filled father to guide, inform, teach the person how to choose? How is there freedom to choose if one does not learn how to choose?

There are no choices without personal freedom…We say that one cannot be human without freedom…Your freedom is the freedom from, no one tells your precious individual USA selves what they must do. It is this meaning only, this freedom from constraint, and forced duress. But what of the freedom to? Not just free from. Not all compulsion comes from the without…how for the person to freely choose?

It may, after all, be alright to do something scary without thinking, but not when the scariness is the not thinking itself.

masturbating but did not. He didn't reject the idea so much

It is often preferable to settle for a satisfactory solution, rather than pursue an optimal solution.

Machiavelli said a prince had to transcend traditional morality for the greater good of those he led.

Saying No is a way for you to communicate with yourself. It forces you to breathe, which breaks the freeze response. It gathers your energy. It gets your adrenaline going. It reminds you of the [self-defense] class, your muscle memory, the support of the line [your peers], and the fact that you have the right to fight for your own safety.

You can always count on the Americans to do the right thing, after they have exhausted all the other possibilities.

nothing would be more fatal than for the Government of States to get in the hands of experts. Expert knowledge is limited knowledge, and the unlimited ignorance of the plain man who knows where it hurts is a safer guide than any rigorous direction of a specialized character.

No one pretends that democracy is perfect or all-wise. Indeed, it has been said that democracy is the worst form of government except all those other forms that have been tried from time to time.

It has been said that democracy is the worst form of government except all the others that have been tried.

In war as in life, it is often necessary when some cherished scheme has failed, to take up the best alternative open, and if so, it is folly not to work for it with all your might.

The Statesman who yields to war fever must realize that once the signal is given, he is no longer the master of policy, but the slave of unforeseeable and uncontrollable events. Let us learn our lessons.

Democracy is the worst form of Government except for all those other forms that have been tried from time to time.

Many forms of Government have been tried, and will be tried in this world of sin and woe. No one pretends that democracy is perfect or all-wise. Indeed, it has been said that democracy is the worst form of Government except for all those other forms that have been tried from time to time.

Perhaps it is better to be irresponsible and right, than to be responsible and wrong.