Making decisions...

Making decisions is basically just about weighing the costs and benefits of the outcome of the decisions. It's about attaching a certain level of risk to the uncertainty that follows each decision. Whether you are risk-seeking, risk-averse or risk-neutral, I guess there is a general framework or rule of thumb for making any decision whether it's plain frivolous or life-threatening...

Very simply, ask yourself the following three questions:


1) Can you live up to your own moral conscience if you take on the decision?
2) Are you being fair to yourself and other parties affected by the outcome of your decision?
3) Is there greater pleasure or greater displeasure in taking on the decision?


I think if you have the answers to these 3 questions, whatever type of decision it is, it should more or less be the right path. But again, this is my personal quick-decisionmaking thought process. If the decision is something that really requires you to do a net present value analysis or formulate some incomprehensible risk calculations, do it then. But before that, you should ask yourself the 3 questions again whether or not there is a need to be so calculative in weighing the costs and benefits.

It prolongs your life when you can keep things short and simple sometimes.