When it comes to analysis, design, or management, a critical and recurring challenge is to be able to:

1) hold two or more competing thoughts in your head,

2) but then not get stuck with decision paralysis,

3) and thus to be able to form a view and take action.

It's easy to fail in either of the first two steps.

For the first step, many people can't steel-man their opponent's view, don't take time to seriously consider competing arguments. This represents tribalism and insufficient critical thought, and has a high likelihood of being wrong. People become easy to manipulate, and where their views end up largely depends on luck of their surroundings and who managed to convince them of something earlier.

For the second step, a smaller subset of people get past the first step but then get stuck in decision paralysis or cynicism. There are too many paths, too many compelling and contradictory points. It then becomes a problem of overthinking and thus inaction. It's easier to identify problems than to build solutions, so this valley of inaction is an enticing trap that feels intellectually stimulating but leads nowhere.

The narrow path beyond those two, and what we should strive for, is to be able to do enough critical thought to the point where it starts to venture into the realm of decision paralysis, but then find a way to weigh the probabilities and form a conclusion to start taking action on, with the willingness to pivot if evidence/probabilities mount toward a different direction.

Anyway, happy Christmas Eve.

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Merry Christmas !

Good reflection to keep in mind.

Feliz Navidad!

🤝❤️

Merry Christmas Lyn 🎅🤙

Yes. Avoid the Nirvana fallacy: there's no perfect solution, so oh well, never mind.

Great point about decision paralysis, it's easy to get stuck in that valley time and again. In a way it's an argument for just picking a side (even if it's the wrong one) just to avoid getting stuck. Of course the fully reasoned path is better, but much harder to find

Happy Christmas Eve to you too!

It usually happens to me that in my area (architectural design).

After point 3, you need to make feedback with the client, engineer and builder (who sometimes tend to be antagonistic in their ideas xD).

And go back to point 1 to get back in the cycle.

You need to have external information that may correct the course or add more complexity 🥲

Thanks for the insightful and educational content this year. Merry Christmas.

Thank you for your insight Lyn, as always.

With thought being one form of human intelligence, what role do you think that feeling and movement play in decision making? For example, it has been said that humans have three brains: thinking, feeling and moving. Would a conscious, completely rounded and objective decision involve the use of all three brains: thinking, feeling and moving?

All of those get trained when playing Chess

Very well said Lyn. Thanks for all you do. Merry Christmas to you and yours!

#staybased

Lyn what do you think about investment opportunities in Egypt? Or more generally in the developing countries ? Like El Salvador? Afghanistan? Just to throw out some examples

Merry Christmas, Lyn! 🥂

Thank you for the reminder

Absolutely, learning to simplify without forgetting it is a simplification is crucial so after so much complexity the conclusion is: Buy BTC, suspect that those with power want to oppress everyone to have more power, raise awareness about fundamental human needs so that everyone knows what our goal is.

Fitzgerald, in the beginning of The Crack-Up (a beautiful book available on the site of Esquire, where it was first published)

“Before I go on with this short history, let me make a general observation—the test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function. One should, for example, be able to see that things are hopeless and yet be determined to make them otherwise”