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    80/20 Rule

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    Prioritize by weighing the value of additional information against the cost of not deciding.

    Category
    Decision -Making
    Description

    1. All of your “must-dos” must be above the bar before you do your “like-to-dos.” 2. Chances are you won’t have time to deal with the unimportant things, which is better than not having time to deal with the important things. 3. Don’t mistake possibilities for probabilities.

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    Source

    Ray Dalio's Book Principles