Is an Extended Warranty Worth It? How to Price the Risk You Are Being Sold
An extended warranty is insurance sold at the counter, and insurance is priced to lose you money on average.…
Sharpen how you think, one mental model at a time.
An extended warranty is insurance sold at the counter, and insurance is priced to lose you money on average.…
Two lenses explain most surprising outcomes: probability, which treats any single result as one draw from a r…
A thinking toolkit degrades in three specific places — retrieval, calibration, and fit — and only one of them…
A decision framework for a search that most parents run badly: how to look for free or subsidised child care…
Automation bias is the tendency to over-trust a machine's output and under-check it. Here is the precise defi…
Intelligence does not protect a decision from being wrong — it makes the defence of it more convincing. The m…
The gap between feeling ready and being ready is widest on exams that take a year to prepare for. Four moves…
A cognitive decision framework for handbag purchases — overcoming status bias, applying value-based criteria,…
Most bad solutions are answers to the wrong question. A structured problem-solving process — define the real…
A decision framework for putting a bocce court in a Tracy backyard - separating reversible from irreversible…
A clear-thinking guide to making a confident call on a costly backyard project — the decision traps (anchorin…
Considering the opposite, steelmanning, the assigned devil's advocate, and the premortem all claim to counter…