506 Quotes About Decision-making

If irrational exuberance can bring about financial calamity, then it stands to reason that rational adherence to a set of rules can save our financial lives. It’s not a complex idea, but it’s one that can have profound implications for the personal and financial wellbeing of our families and even our nations. And it all begins with a focus on-you guessed it-ourselves.

Pop quiz: What is the best predictor of the size of a retirement nest egg? What’s that you say, performance? Wrong! I’m sorry but the correct answer was “deferral rate,” but thanks for playing. The way that goals-based investing increases deferral rates (and thus, wallet share) is by couching investment in terms of personal meaning… Rather than speaking in sterile terms that rob wealth of its holistic meaning, use your goals as the benchmark and see how much easier saving becomes.

There are at least three significant reasons we resist contemplating our personal financial goals: it can be stress-inducing, we dislike numbers, it is socially taboo, and we are slaves to “right now.

Despite [the “talking heads” we revere] inability to outperform a dartboard, we continue to look to them and pay them exorbitant salaries. Why? Because they are bold. Surety is baseball, red meat, and the pioneer spirit. Doubt seems wimpy and “Continental.

Your thought is illusion, your action is the truth.

Be open about your thoughts, ideas, and desires and you will be right with your decisions.

In the face of all the uncertainties that surround any decision, the wise man acts in the light of his best judgment illumined by the integrity of his profoundest spiritual insights. Then the rest is in the hands of the future and in the mind of God. The possibility of error, of profound and terrible error, is at once the height and the depth of man’s freedom. For this, God be praised!

Speed is the ability to take a decision in a few seconds

Let's LIVE the best fucking life we can before we are too old to remember it or too buried to come back to it!