🎯 Goal: Decision making

⏰ Time: 15 minutes

⚠️ Difficulty: 4 (Challenging)

Summary:

Author Annie Duke says every decision we make is a bet on the future.

Therefore, the better your decisions = the better your future.

But how do you intentionally improve your decision making?

The most successful betters, such as professional poker players and stock traders, use a simple tool called the Decision Journal.

Decision Journaling gives you an objective view of your past decisions:

• Did you reach your goal?
• Did the decision turn out the way you expected?
• If not, why?

Use this tool any time you make a meaningful decision:

Instructions:

Whenever you need to make a big decision, start a new decison journal entry. Answer these three prompts:

1. Set goal — What do you want to achieve?
2. Form hypothesis — What do you EXPECT to happen?
3. Make decision — Record date and details

Then set a date in the future to review your decision and record learnings.