10
2002
I suffer from analysis paralysis — a delusion that if I get enough data and study it enough, I can remove risk from an investment.
To deal with this shortcoming I talk to myself. More than normal 
. I remind myself that Mark Twain has an answer for every occasion. In this instance he said
Good decisions come from experience
Experience comes from making bad decisions
– Mark Twain
What a neat concept. Click comments and let me know what you think of that.
3 Comments until now
On October 16th, 2002
NigelW Said:
Agree Twain has some wry observations on just about every topic you could imagine.
I wonder though whether you can learn from the experience of others or whether you need the gut-wrenching fear and pressure of your own money on the line?
On October 17th, 2002
paulz Said:
Hi Nigel good to see you here.
There is something to be said for having your own money on the line. I certainly couldn’t and wouldn’t listen to boring old farts when I was younger.
But you don’t have to touch a fire to know it burns. So I think we can be informed by another’s experience.
Maybe we can only learn from others when we respect or admire them?
[...] c outcome. It is a great way to overcome analysis paralysis. I’ve posted about the fear of making mistakes before. Most people will not start something until they are sure they can plan po [...]