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Journal · May 28, 2018

First Rule of Decision Making

I'm writing this as I've just recently made one of the hardest decision in my life. I still don't know what the outcome is, but I'm starting to see the outcome unveiling before my eyes. I'll share in

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I’m writing this as I’ve just recently made one of the hardest decision in my life. I still don’t know what the outcome is, but I’m starting to see the outcome unveiling before my eyes. I’ll share in a future post about this decision, but for now, I wanted to emphasize the first rule of decision making: ” **Never Judge a Decision by its Outcome **”

Joe realized he has cancer.

From his diagnosis:

-if he undergo surgery, he has 90% chance of surviving and 10% chance of dying

-if he refuse the surgery, he can live for only a year before the cancer kills him

Considering the expected value of the undergoing a surgery, he chose to do it.

.

.

.

However he died from the operation.

Was that a bad decision ? or a good decision that led to a bad outcome.

a good poker hand that lead to a big lost

a business decision that has plenty of risk in failing

a career change that led to a misery

Distinguish those decisions from its outcome, evaluate them separately, and learn to make better one next time. (Of course, if there’s a next decision to be made, in Joe’s case by the time he realized the good decision and the bad outcome, he might not be able to make another one).

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