Is your decision like a professional chess player?
Hello steemians walking towards the future, hopefully writing from me will never mislead you, and I hope you are all fine.
You must avoid making stupid decisions, make the right decisions several times, and there is a good chance that you will end up in the place you want in life. This is a simple formula, but it's not easy to do.
As a chess player, I like to think that I know how to make good decisions. After all, the game teaches you how to think logically and methodically. But that is not the way decisions are made to work in the real world.
Annie Duke once said about chess games; "Chess does not contain hidden information and very little luck. The pieces are all there for both players to see. If you lose the chess game, it must be because there is a better movement that you don't or don't see."
The decisive difference between chess and our lives is information asymmetry. From the chessboard, no one has all the details. As we continue to note, a better metaphor for making decisions in life is to find a solution
So if we’re unable to pierce the fog of war, how can we best make decisions that we won’t regret in future?
Okay, let's put all the ideological forks on the table
Imagine you drive a car at high speed, You drive fast on a busy road without your seat belt. You broke through some red lights. Miraculous, no one is hurt, and law enforcement hasn't come looking for you.
So the way you drive a car, is it bad results or bad decisions that you have made?
If someone were to ask you if that was a well thought-out decision, it’s unlikely you’ll say yes, there’s the possibility of getting into an accident, suffering serious injury, and then getting into trouble with the cops.
This is the thought process you’d think we use to evaluate our decisions. But according to Annie Duke, that’s not what really happens. We often decide whether a decision is good or not based on its outcome. It’s what Chess players call “resulting winner".
That sounds reasonable. But as we’ve seen, good outcomes are possible even when we make bad decisions, and vice-versa, so we all don't make bad decisions, even though we will get extraordinary results, let alone we live on a bad road.
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