A stupid decision that works out well becomes a brilliant decision in hindsight. Who said this?a.Daniel Kahnemanb.Charlie Mungerc.Elon Musk
Question
A stupid decision that works out well becomes a brilliant decision in hindsight. Who said this?
a. Daniel Kahneman
b. Charlie Munger
c. Elon Musk
Solution
The quote "A stupid decision that works out well becomes a brilliant decision in hindsight" reflects a perspective on decision-making and the complexity of outcomes. It is attributed to Charlie Munger, who is known for his insights on psychology, investing, and decision-making principles. Munger, who is the vice chairman of Berkshire Hathaway and a longtime business partner of Warren Buffett, is recognized for emphasizing the importance of understanding human behavior and cognitive biases in investing and business decisions.
In many cases, decisions that appear flawed at the time can lead to unexpectedly positive outcomes, leading to a reassessment of the decision's wisdom when viewed from a distance. This highlights the role of luck and context in achieving success, and how outcomes can often overshadow the decision-making process itself.
Therefore, the answer is b. Charlie Munger.
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