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Showing posts from May, 2021

Decision Fatigue - Investments

  Decision Fatigue I  will be sharing  learnings from the book titled as  “ Four hour work week” , where in Author Tim Ferriss talks about the concept "Decision Fatigue" Understanding this concept will  help us improve the quality of our "high value" decisions, while reducing the number of "low value" decisions we need to make.   We make hundres of decision in our daily life. 99% of our decision are low value decision. A few months  from now, we probably won't care much about them or even remember them.   But  some are high value decision. Their impact on our life is for a long term. The concept is really simple. He said that if you make too many decisions throughout the day, you're actually going to get decision fatigue and if you are in the stages of decision fatigue, you are going to make reckless, emotional, and perhaps even worse, you'll make no decisions at all. In other words as per the law of Marginal Utility with each successive d