“In x years time, will I regret NOT doing this?”
Yes – do it
No – don’t bother
Regret minimization framework helps you make tough decisions by projecting to your future self and looking backward on your current decision. Read more here.
In decision theory, on making decisions under uncertainty—should information about the best course of action arrive after taking a fixed decision—the human emotional response of regret is often experienced. The theory of regret aversion or anticipated regret proposes that when facing a decision, individuals might anticipate regret and thus incorporate in their choice their desire to eliminate or reduce this possibility.
Made famous by Jeff Bezos…
I knew that when I was 80 I was not going to regret having tried this. I was not going to regret trying to participate in this thing called the Internet that I thought was going to be a really big deal. I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not ever having tried.
— Jeff Bezos
Edith Piaf – Non, Je ne regrette rien