#164 How to make great decisions in times of uncertainty with radical open-mindedness
Ray Dalio, in his book Principles, talks about the search for truth over the desire to be right and convince other people of your way of thinking. Things are changing fast. The close-minded folks are getting left in the dust. The radically open-minded entrepreneurs will win. Remind yourself that three things are at play when you're making decisions: 1. You filter information based on what supports your previously held beliefs and desires 2. You actually understand things a lot less than you think you do (the can opener effect) 3. Your emotions (fear, anger, greed) impact your logic in a…
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