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Naval Almanack · procedural note

Decision Heuristics

Concrete tools Naval uses to decide. Source-stated, not invented.

1. "If you can't decide, the answer is no"

For long-locked-in decisions (marry / take this job / buy this house / move cities / start company with X):

2. Run uphill (short-term pain heuristic)

"If you're evenly split on a difficult decision, take the path more painful in the short term."

3. Inversion (Munger-style)

"I don't believe I have the ability to say what is going to work. Rather, I try to eliminate what's not going to work. Being successful is just about not making mistakes."

4. Avoid ruin

5. Three biggest decisions

Spend 1–2 years on each, not minutes:

6. Classical virtues as decision heuristics

"The classical virtues are all decision-making heuristics to make one optimize for the long term rather than for the short term."

7. Specific knowledge-density principle

"In an age of leverage, one correct decision can win everything."

Related

Sources: [Almanack pp103, 107, 111-112]