Category Decision Making

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The Urgent and The Important

In a 1954 speech to the Second Assembly of the World Council of Churches, former U.S. President Eisenhower said: “I have two kinds of problems: the urgent and the important. The urgent are not important, and the important are never urgent.” Robert Glazer shared this simple but powerful life management tool on his blog today […]

Agonizing over Decisions

The human condition: to be aware that we are free to take decisions and that these decisions can turn out to be poor choices. It is normal to suffer and regret decisions. Nobody has an anxiety-free life: not even in the movies, not even in romantic songs.  Alain de Botton shares a wise insight into existential crises […]

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The #1 Reason I am Inefficient.

This graphic captures it all… Thanks to XKCD for the original. “I take good decisions and then I work to make them great.” It reminds me of a story about one of the founders of Tata Industrial group. He was asked “How do you take good decisions?” He paused before answering: “I don’t do anything […]

I know this guy who was successful (otherwise known as Type I errors)

One anecdote does not make a proof. The danger: humans are more easily persuaded by 1 clear and concrete anecdote than by big data and expert statistical analysis. “My friend’s brother bought a house in downtown Barcelona 2 years ago and is now selling it at twice the price!” This statement has far more impact […]

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Charlie Munger’s Inverse Thinking Process

I was watching a few Charlie Munger speeches recently – Warren Buffett’s partner in leading Berkshire Hathaway. Charlie talks a lot about “Inverse Thinking”… The Inverse Thinking Process What is Inverse Thinking?  Charlie says it is helpful to turn a question on its head.  If you want to know what would improve the situation of […]

Keynote at Mobile World Congress #4YFN 2016 – Entrepreneurial Success

Keynote: The 3 Keys for Entrepreneurial Success When I was 14 years old, my grandfather told me that “Success is earning more than your father.”  This talk shares how my definition of success has changed over the next 3 decades of my life.  My definition today…  listen at the end of the speech. What is […]

Avoiding Stupidity is Easier than Seeking Brilliance

I remember a question that was asked to Warren Buffett.  “What tips would you give to someone who wished to make money?” He suggested that there were no simple tips, but then finished by saying “the best way to make money is to stop losing money.” When you begin in improving your decision making, rather […]

Am I someone people can believe in?

If life’s journey is like a bus ride: there are drivers, and there are passengers. (there are also conductors, there are navigators, there are engineers…) There are a lot more passengers on the bus than drivers. What does it take to be a driver? The drivers are people that passengers can believe in.  Who do […]

A Lesson in Hiring Top Executives: The 4 Key Attributes

The Most Important Decision ‘We choose our spouses. We choose our bosses. We choose our friends. We choose the people who work with us. We choose our nannies. We choose our lawyers. We choose our doctors. It is definitely worthwhile investing in learning, because this is not rocket science, but it requires discipline.’  Claudio Fernández-Aráoz Claudio […]

Your Scarcest Resource

I know plenty of financial advisors who would love to spend a few hours reviewing my investments, cash position, investment goals and helping me make a realistic plan. I know how much I spent on food, travel, housing, school in the last month, year and if I did the sums I could calculate a rough […]

Manner of Speaking

"All the great speakers were bad speakers at first." — Ralph W. Emerson

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