How To Develop Decision-Making Capabilities?

Category: Finance

Forecast:- Your ability to make decisions is your most significant asset. It's what influences your decisions about who to marry, what business opportunities to pursue, which mentors to follow, what assets to trade, etc. Warren Buffet: If you want to improve your decision-making process because one of your prior choices backfired, you must employ the same context and framework for all future choices. Ray Dalio: The toughest thing, according to him, is missing an opportunity only to see it succeed spectacularly afterward. Reflecting on my trading: I just failed to take advantage of certain chances and executed some transactions poorly. The chart is the only thing I use to make decisions and nothing else. When I use my system properly and have a terrible result, I know that over time, my system will produce more winners than losers.