Many of the decisions we make every day are subject to uncertainty. Should I accept the job offer? Should I start that business? Should I marry my partner?
But what process should you use? This course breaks down 10 tips for making better decisions under uncertainty; from when to rely on the wisdom of the crowds to why simple formulas can sometimes make for optimal decisions. You will also discover why taking the ‘outside view’ and practicing second level thinking can give you the edge on your competition. Each tip includes at least one action that you can introduce into your everyday life.
Lesson 1: Embrace uncertainty
Lesson 2: When to use your gut instinct
Lesson 3: The inside versus the outside view
Lesson 4: The wisdom of crowds
Lesson 6: Second level thinking
Lesson 7: Thinking in terms of bets
Lesson 8: Keeping emotion in check
Lesson 9: Weighted pros and cons
Lesson 10: A formula for success?