Practice
30-70% decision rule
Make decisions when you have 30-70% of available data - less is risky, more means you've waited too long
30-70% decision rule
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Context
Related Concepts10
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Transcript mentions
If you're making a decision only after you have 70%, either the 70% or 77%, I can't remember the exact number, when you have 77% of all the available data, you have waited far too long. And I've always found that very insightful and it…
Practice
30-70% decision rule
Make decisions when you have 30-70% of available data - less is risky, more means you've waited too long
Context
Related Concepts10
Related Frameworks2
Transcript mentions
If you're making a decision only after you have 70%, either the 70% or 77%, I can't remember the exact number, when you have 77% of all the available data, you have waited far too long. And I've always found that very insightful and it…