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by hartleybrody 2240 days ago
Jeff Bezos has a great interview where he talks about his decision to leave his cushy Wall Street job and start a website selling books. He talks about how he used a "regret minimization framework" where he projects himself into the future and imagines which decision he would regret the least.

I have used this technique multiple times myself to help with otherwise fraught or overwhelming decisions, and I think it's a great way to shift your frame of reference.

Interview where he describes it here: https://www.youtube.com/watch?v=jwG_qR6XmDQ

1 comments

As a trick for solving a single problem, ok sure. That sounds like chess, where a failure loses the game. Not the same risk of failure in life decisions (well, skydiving maybe). To minimize later regret sounds terribly hesitant, cautious and small.

So many other ways to organize your life: joy maximization is one for instance. There's the money thing. And character should come in there someplace, not just utilitarian nonsense.

Einstein(?) said it this way: "When I want to make a decision, I flip a coin. If I'm disappointed in the outcome then I know I wanted the other choice." Sounds about like the same thing (only a century earlier)