Better Questions, Better Results

What Luck-Based Decisions Are Actually Strategy in Disguise? March 17, 2025 | Data Science, Decision Making, Forecasting, Pattern Recognition, Question a Day, Strategy Question a Day Some choices feel purely luck-driven—rolling dice, making a spontaneous investment, or meeting the perfect partner. But what if luck isn't random at all? In reality, behind every seemingly lucky outcome is a hidden layer of strategy. The most successful people understand how to tilt luck in their favor through calculated moves. Here’s how luck-based decisions might secretly be strategic—and how you can leverage this insight: 1. Investing (Stocks, Crypto, Real Estate) Luck:  Markets are volatile and unpredictable.  Strategy: Diversification  reduces risk and improves long-term outcomes. Research  and trend analysis reveal opportunities others miss. Patience  and long-term commitment consistently outperform short-term bets.  Example:   Warren Buffett strategically invests in...

How Does Prior Planning Impact Performance? January 27, 2025 | Decision Making, Mental Models, Planning, Question a Day, Risk Management, Strategy, Time Management Question a Day Mastering Success: The Power of Prior Planning  When it comes to achieving goals—whether personal, professional, or academic—the age-old adage “Failing to plan is planning to fail” couldn’t be more accurate. Prior planning lays the groundwork for success, ensuring clarity, efficiency, and resilience. In this post, we’ll explore how prior planning impacts performance and offer actionable tips to help you plan more effectively. The Importance of Prior Planning for Performance 1.  Clarity of Purpose Prior planning provides a clear roadmap for your journey. By defining objectives, milestones, and end goals, you minimize confusion and ensure your energy is directed toward what truly matters. Example: Imagine setting out on a road trip without a map or GPS. Sure, you might find some scenic detours, but the ...