Building Judgment

Photo by Kelly Sikkema on Unsplash

Hard work is really overrated. Long gone are the days of idolising a Prodestant work ethic. How hard you work matters a lot less in the modern economy.

In the age of unlimited leverage, one correct decision can win everything.

How do we define judgment in this sense?

Judgment is wisdom applied to external problems. Wisdom is knowing the long-term consequences of your actions and making the right decision to capitalise on that.

Now the trick with judgment is it requires experience, the more experience you have the better your judgment. Although better judgment can be built faster by having a solid foundational understanding of the world. A good example of this that I like is how Elon Musk was able to break into and dominate the space and electric vechicle industry with no previous experience, he harnessed first principle thinking and problem solving. He understands the basic physics and chemistry at a very foundational level.

Right now I am trying to improve my judgment by taking foundational courses on brilliant and reading loads of books, especially fiction as to my credit I do get through a lot of non-fiction books. Naturally as well I have experience ticking away for me.

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