This may in fact be my most frustrating pet peeve. Professional gamblers probably understand this lesson better than no one else, but many people follow a more limited and linear logic.<\/p>\n
You bet on red and it lands on black, they say:<\/p>\n
“Should of gone with black.<\/em>”<\/p>\n You bet on black and it lands on red, they say:<\/p>\n “Should of gone with red.<\/em>”<\/p>\n Continuing with our gambling analogy, a spouse (Spouse A) takes all the mortgage and bill money to the horse track and bets the lot. Their significant other (Spouse B) finds out and are rightfully furious. Spouse A manages to win and win big. As Spouse A comes home, through the front door, Spouse B is primed to chew them out, but is interrupted by Spouse A:<\/p>\n “I won!<\/em>”<\/p>\n Spouse B:<\/p>\n “What? You did? That’s wonderful!<\/em>”<\/p>\n And if Spouse A would have lost the money, I think you know how the story would have gone.<\/p>\n The point of the story is that it doesn’t matter whether they would have won or lost, the decision will always be a bad one. If you make a good decision and the outcome is a failure, it was still the right decision and there should be no regret. If you make a bad decision and the outcome is a success, it was still the wrong decision and there should be no justification. And winning is not a valid justification.<\/p>\n In society, people look at winners and losers in a very black and white way. They look at the results, but ignore the factors that led to the results. Am I saying that you shouldn’t take risks or that you should never give something a chance unless the odds are in your favor? No. It’s more about owning your decisions and learning from them.<\/p>\n If you go into something stupid and desperate, needing to win… or else, you will always lose.<\/p>\n But, if you go into something understanding, maybe even expecting the chance that you’ll lose money, you now have a much healthier grip on the situation, and failures become more like stepping stones, than the final result.<\/p>\n","protected":false},"excerpt":{"rendered":" This may in fact be my most frustrating pet peeve. Professional gamblers probably understand this lesson better than no one else, but many people follow a more limited and linear logic. You bet on red and it lands on black, they say: “Should of gone with black.” You bet on black and it lands on … The Outcome of a Decision Doesn’t Dictate Whether it was the Right Decision<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":5196,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96],"tags":[407,287,408],"class_list":["post-5195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-psychology","tag-decisions","tag-psychology","tag-thought-experiments"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/webguy.io\/blog\/wp-json\/wp\/v2\/posts\/5195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/webguy.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/webguy.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/webguy.io\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/webguy.io\/blog\/wp-json\/wp\/v2\/comments?post=5195"}],"version-history":[{"count":0,"href":"https:\/\/webguy.io\/blog\/wp-json\/wp\/v2\/posts\/5195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/webguy.io\/blog\/wp-json\/wp\/v2\/media\/5196"}],"wp:attachment":[{"href":"https:\/\/webguy.io\/blog\/wp-json\/wp\/v2\/media?parent=5195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/webguy.io\/blog\/wp-json\/wp\/v2\/categories?post=5195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/webguy.io\/blog\/wp-json\/wp\/v2\/tags?post=5195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}