Decision Notes · No. 003 Some of the best decisions I've made started by listening more than speaking.Over the years, I've come to appreciate that listening isn't a passive skill. It's an active part of making better decisions. Listening to different perspectives doesn't mean we have to agree with all of them. It gives us the opportunity to challenge our own thinking before reaching a...

Decision Notes · No. 002 One lesson I've learned over the years is to separate the quality of a decision from the quality of its outcome. In business, investing and leadership, we often evaluate decisions only after we know the result. I've seen thoughtful strategies produce disappointing outcomes because circumstances changed unexpectedly. I've also seen poor decisions praised simply...

Decision Notes · No. 001 If there's one lesson the markets have reinforced for me over the years, it's this:We often admire people who predict the future. Yet many of the best investment outcomes I've witnessed came from people who simply remained disciplined when others became impatient. I learned that lesson the hard way during the 2008 financial crisis. Watching my own portfolio lose...