← Decision Frameworks
Decision Frameworks · Card 8
The Default-Action Test
Doing nothing is also a choice.It often beats acting on impulse.
- Acting on impulse
- The default
- Chasing a hot new fund
- Keep the SIP running
Before deciding, ask what happens if you decide nothing at all; sometimes the default is quietly already the better choice.
Decide Now
Act on impulse
Default to Nothing
What's already working, untouched
In Practice
Before chasing a hot new fund, ask what happens if you just keep your existing SIP running untouched; often, doing nothing beats acting on impulse.
Generic Example
Before switching to a flashy new productivity app, ask what happens if you just keep using the plain notebook that's already working.
Ask yourself
What happens if I simply do nothing here; and is that actually worse?