A Good Decision Now Part 2

Decision impact v2.png

After thinking on and talking about yesterday’s graph, I decided that while the value of the decision is important, there’s a very important fact that the quality of decisions tend to increase over time as we have time to process the situation. Considering this, the impact of the decision as defined above is a much better metric to use–however, the original conclusion still stands. The value of the decision decreases faster than the quality of the decision increases–meaning that to justify waiting days or weeks to decide on something, that outcome needs to be disproportionately beneficial.

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