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How to Stop Overthinking Everything
Author: Melody Wilding
Source: Harvard Business Review (https://hbr.org/2021/02/how-to-stop-overthinking-everything )
First, she reckons we should stop aiming for the perfect decision as such a thing rarely exists (other than in hindsight).
Second, as she calls it ‘Right size the problem’ – get a sense of importance and gravity of that decision and accordingly dedicate time and effort rather than mulling over every small decision with the same degree of focus.
Third, leverage intuition. We often under-estimate how much of intuition we are building as we go along and hence tend not to make use of it enough.
Fourth, eliminate as many routine decisions as it suits you – for some, it could be what to wear or what to eat.
Fifth, set time constraints creatively so you don’t end up endlessly pondering.
A quick read yett useful for almost all of us.
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Note: The above material is neither investment research, nor financial advice. Marcellus does not seek payment for or business from this publication in any shape or form. The information provided is intended for educational purposes only. Marcellus Investment Managers is regulated by the Securities and Exchange Board of India (SEBI) and is also an FME (Non-Retail) with the International Financial Services Centres Authority (IFSCA) as a provider of Portfolio Management Services. Additionally, Marcellus is also registered with US Securities and Exchange Commission (“US SEC”) as an Investment Advisor.
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