I absolutely love 'taking action generates information', which articulated in his Invest Like The Best interview.
It's an incredibly succinct way of capturing the lived experience of real-world decision-making.
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I keep coming back to this model of decision making that @berkun articulated in The Year Without Pants.
I didn't have the words for it before. The time you spend doing expected utility calculations is better spent picking one path and running hard and getting new information.
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Blah, the actual quote is 'action creates information.'
The thrust of it is the same.