Quotessence
Home / Quotes / Quote by Farah Ayaad

Quote by Farah Ayaad

Work

Coming Home

This narrative delves into the emotional journey of characters returning to their past, confronting personal and collective memories, and seeking healing and closure. more

Author

Farah Ayaad

Browse famous quotes and profile details for Farah Ayaad. more

You May Also Like

“There is always opportunity cost in choosing one path over others. The betting elements of decisions—choice, probability, risk, etc.—are more obvious in some situations than others. Investments are clearly bets. A decision about a stock (buy, don’t buy, sell, hold, not to mention esoteric investment options) involves a choice about the best use of financial resources. Incomplete information and factors outside of our control make all our investment choices uncertain. We evaluate what we can, figure out what we think will maximize our investment money, and execute. Deciding not to invest or not to sell a stock, likewise, is a bet. These are the same decisions I make during a hand of poker: fold, check, call, bet, or raise.”

DecisionPathChoiceControlUncertainProbabilityInvestMaximizeBetOpportunity Cost
Book:Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
Create image

“For any single decision, there are different ways the future could unfold—some better, some worse. When you make a decision, the decision makes certain paths possible (even if you don’t know where they lead) and others impossible. The decision you make determines which set of outcomes are possible and how likely each of those outcomes is. But it doesn’t determine which of that set of outcomes will actually happen.”

DecisionFutureOutcome
Book:How to Decide: Simple Tools for Making Better Choices
Create image

“If you had a navigation app for your goals and decisions, it would work like a premortem and a backcast and its output would look like the Decision Exploration Table. You’ve identified two broad categories of future events (those within and outside your control) that could decrease or increase your chances of failure or success and made an educated guess about their likelihood. You now have a good map of what might lie in the path on the way to your goal.”

GoalDecisionPathControlNavigation
Book:How to Decide: Simple Tools for Making Better Choices
Create image

“Remember, managers are hubs of communication (see Chapter 12). The better they communicate across these sphere boundaries, the more people they can communicate with, and the more data they have. This consequently leads to better decision making. Ultimately, stronger communicators make better-informed decisions, and hopefully they are more successful because they waste less time wondering what to do.”

TimeDecisionCommunicationWasteDataManagerBoundaryInformed
Book:Managing Humans: Biting and Humorous Tales of a Software Engineering Manager
Create image

“The Leads of Leads are switch hitters. Their day is equal parts tactics and strategy. While they have developed true distance from the day-to-day work, they still know how the work is done and can have an informed opinion about tactics relative to the work. They also have a more complete picture of the state of the company, which enables them to make better decisions and define better strategy. They see the complete game board. They see all the pieces, so they can be credible strategists.”

DecisionStrategyTacticsLeadStrategistPictureGame Board
Book:Managing Humans: Biting and Humorous Tales of a Software Engineering Manager
Create image

“October knew, of course, that the action of turning a page, of ending a chapter or shutting a book, did not end the tale. Having admitted that, he would also avow that happy endings were never difficult to find: "It is simply a matter," he explained to April, "of finding a sunny place in a garden, where the light is golden and the grass is soft; somewhere to rest, to stop reading, and to be content.”

BookHappinessReadingGardenSeasonsSatisfactionFairy TaleAprilOctoberSeasonHappy EndingTaleEnding A ChapterTurning A Page
Book:The Sandman, Vol. 4: Season of Mists
Create image