Choose or lose

According to Edwin Bliss

Indecision is nearly always the worst mistake you can make.

Summary of his advice:

1. Once the facts are available, choose a course and make the decision work.
2. Choose the apparently better alternative, announce it confidently, proceed full speed ahead.
3. For minor decisions, the faster the better.
4. If you really see them as equal, flip a coin!

Flipping a coin really is the most honest way to make some decisions, because it admits that your current information and models are insufficient to reason out one path that leads to a significantly better outcome than the others. The thumb on the scale in such balanced-knowledge situations is likely to be habit, prejudice or fear, so a coin flip might actually pop you out of a rut.

This observation forms the basis of “dice living“.