" Bad outcomes are different from bad decisions."
- Professor Steven D. Harrop
Brett and I are really enjoying our investments class with Professor Steven D. Harrop. Last week we had a lecture that did not just apply to investment strategies, it applied to life. When talking about improving our decision making process Professor Harrop mentioned these 3 steps that can help us improve our decisions.
1. Become aware and knowledgeable of our own biases.
2. As we become aware of biases, get input from others that do not have the same biases.
3. Engage in research to offset the bias.
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