Pre Commitment Contracts
topic on 1 show · 1 statements across 1 episodes
1 statements about Pre Commitment Contracts, every show
Mauboussin: Pre-commitment contracts and checklists remove emotion from crisis investing
“And the reason a read, do checklist is really helpful is it takes the emotion out and gives you an action plan. And I think we need something akin to that in the world of investing, which is take the emotion out, have an action plan, and allow people to act on…”