Our 15-year-old nephew—a budding musician—was in town this past weekend, so I took him to the House of Musical Traditions in Takoma Park. There he could see every type of musical instrument known to humankind (plus some) and, frankly, it gave me an excuse to play a few good guitars. Not that I don’t have good guitars at home. Later in the day my nephew had a chance to see and play my two prized Running Dog guitars made by luthier Rick Davis.
Davis was profiled in Tim Brookes’ 2005 book Guitar: An American Life, where the author seeks to replace a badly damaged first guitar with a hand-crafted one “for the second half of my life.” He writes that as he nears 50 years of age, he finds an itch that can only be scratched with a new guitar. And as Brookes notes, “Guitar makers even have a word for these baby-boomers-who-always-wanted-to-be-great-guitarists-and-now-have-the-money-to-indulge-those-dreams: dentists.”
“Much later, after the guitar is finished, Rick will refer to ‘the eternal and infinite capacity of the consumer to confuse making a purchase with falling in love.’ I should have known better, I suppose—but then again maybe not. First guitars tend to be like first loves: ill-chosen, unsuitable, short-lived, and unforgettable. I’m not sure I ever want to get to the point of making a rational decision about a guitar.”
Lately, I’ve been thinking about decision making at key junctions of life. Like Tim Brookes, there are some things—guitars among them—where I don’t want a rationale decision model to get in the way of my emotion. But we face many decisions that require serious thought and calculation. Daniel Kahneman, the Nobel prize winning author of Thinking, Fast and Slow, would suggest that we let our emotions make all types of decisions where a slower, rational model should come into play. There is a recurring theme in Kahneman’s book that “many people are overconfident, prone to place too much faith in their intuitions. They apparently find cognitive effort at least mildly unpleasant and avoid it as much as possible.”
We put too much stock in the fact that we’re confident we’re making the right choice. We put too much stock in our emotions.
“Subjective confidence in a judgement is not a reasoned evaluation of the probability that this judgement is correct. Confidence is a feeling, which reflects the coherence of the information and the cognitive ease of processing it. It is wise to take admissions of uncertainty seriously, but declarations of high confidence mainly tell you than an individual has constructed a coherent story in his mind, not necessarily that the story is true.”
When important decisions have to be made, I’m trying to take the time to step back, work through the crux of the matter, set aside emotions, and push back against a quick confidence that I’ve reached the right answer. Thinking and decision-making—deep thinking around critical moments in your work, career, or life—requires time.
Think slow when you should, and have a good week.
More to come…