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The Decisions That Determine Everything

Most decisions are noise. A small subset determine most of the outcome — and unlike routine decisions, they cannot be revised cheaply.

“A small subset of all the decisions we make in our lives end up being the dominating factors in determining our life satisfaction. Deciding what occupation to pursue, what specific job to take, who to marry, how to invest, where to locate, how to house ourselves, and whether to have children may, when we look back on our lives decades later, turn out to have determined everything.” — Keith Stanovich

Most decisions are noise. The choices you make in a year number in the tens of thousands — what to eat, when to reply, which route to take. They barely register.

A handful operate on a completely different scale. The Pareto principle applied to choices: a small number determine most of the outcome. And unlike routine decisions, they cannot be revised cheaply. They compound forward.

The implication isn’t to think harder in general. Most decisions don’t need more thought. It’s to pay disproportionate attention specifically to the decisions that will still be shaping your life decades from now — and to recognise them as such before you make them, not after.

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