#150 TKP Insights: Making (Even) Better Decisions
The Knowledge Project with Shane Parrish
Shane Parrish
4.7 • 2.9K Ratings
🗓️ 25 October 2022
⏱️ 84 minutes
🧾️ Download transcript
Summary
This episode is packed with wisdom from previous guests on the art of making better decisions.
We discuss the three types of decision-makers, how to control your emotions when making decisions, why it’s crucial to look at every decision differently, the processes for coming to the right decision, and how to learn from your mistakes when you get it wrong.
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Transcript
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| 0:00.0 | Welcome to the knowledge project. I'm your host, Shane Parish. The goal of this show is |
| 0:21.8 | to master the best what other people have already figured out so you can use their insights |
| 0:27.1 | in your life. If you're listening to this, you're missing out. If you'd like access to the |
| 0:32.8 | podcast before public release, special episodes that don't appear anywhere else, |
| 0:37.8 | hand-edited transcripts, including my personal highlights from the conversation, |
| 0:41.8 | or you just want to support the show you love, you can join at fs.blog slash membership. |
| 0:47.6 | Check out the show notes for a link. What you're about to hear is a special episode of the knowledge |
| 0:53.0 | project. Over the last five years I've been lucky enough to speak with some of the most |
| 0:57.4 | incredible people in the world, and when I relisten to these episodes, they feel like they were |
| 1:01.5 | recorded yesterday. What really stands out is how the insights in these conversations |
| 1:06.7 | stand the test of time. They're as applicable today as they were when they were recorded. |
| 1:12.7 | So a few times a year we'll go back to earlier episodes, some of which you may have missed, |
| 1:17.2 | some of which you may have forgotten, and we'll pull out some gems on a single theme, |
| 1:21.8 | weaving together multiple guests. This episode is on making better decisions. |
| 1:27.6 | As you can imagine, this topic comes up quite often on the show, so it wasn't easy to pick some |
| 1:32.4 | of our favorite moments for this episode. This episode includes some timeless insights from |
| 1:37.1 | Stripe Co-Founder and CEO Patrick Collison, psychologist Maria Cornicoba, consultant |
| 1:42.8 | Venkitesh Rao, poker player and author Annie Duke, and Shopify Co-Founder and CEO Toby Lutke. Let's start |
| 1:51.7 | with Venkitesh. Venkitesh Rao is a consultant and author of Tempo, a book that examines decision-making |
| 1:58.0 | by weaving together concepts and principles from math, cognitive psychology, and philosophy. |
| 2:04.3 | Venkitesh appeared on episode seven of the show back in 2018, and he starts this portion of our |
| 2:10.5 | interview by discussing the three types of decision-makers as well as an analogy of how world-building |
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