On Life’s Framework

pruning

There are a few useful algorithms to help you make life’s decisions, especially around prioritization and pruning, and also the timing of it.

From my childhood days, my tendency was to make decisions quickly. I’ve never really felt much difficulty in picking my choices. It’s not because I was good at it, but probably due to a certain gene characteristics. These days, I try to estimate ‘when is the 30% stage of my information gathering before making the decision and acting on it?’ to use in my business decisions.

This is also a well-known problem in mathematics/computer science as ‘optimal stopping’ problem. A simple version of the answer is 37%. In regards to the number of options, tries, or the length of time, gather information (or explore) up to 37%, then select the best one that appears after that point. Then you will have about 37% chance of picking the best one. Of course, with different conditions (e.g. being able to revisit the choice), the % changes quite a bit, but the moral of the story is that there is only a limited time when you can gather information, and then you have to make a decision to get the highest chance to the optimum.

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