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):
- Modern society has near-infinite options; you're not biologically built to feel that.
- When you choose, you're locked in for years.
- Therefore say yes only when you're very certain. Pros/cons spreadsheets → forget it. If you can't decide, the answer is no.
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."
- Brain over-weights short-term happiness and dodges short-term pain.
- Two evenly-matched paths → one of them has long-term pain hidden farther out, one has long-term gain after short-term pain.
- Lean into the short-term pain. (Working out, reading a confusing book — short-term sore for long-term smarter/stronger.)
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."
- It's not about correct judgment; it's about avoiding incorrect judgment.
4. Avoid ruin
- Avoid jail (don't do anything illegal).
- Avoid catastrophic physical harm to your body.
- Avoid total loss of capital — don't gamble everything on one go.
- Instead: rationally optimistic bets with big upsides.
5. Three biggest decisions
Spend 1–2 years on each, not minutes:
- Where to live (city = trajectory).
- Who to be with (partner = decade+).
- What to do (career = years).
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."
- Decision-making is everything. Someone right 80% vs 70% is valued hundreds of times more.
Related
- Judgment — what these heuristics are sharpening.
- Clear Thinking Protocol — the upstream practices that enable these.
- Compound Interest (Life) — why long-term framing dominates.
Sources: [Almanack pp103, 107, 111-112]