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The Appropriate Time to Make a Decision

More Dalio -

200) Think about the appropriate time to make a decision in light of the marginal gains made by acquiring additional information versus the marginal costs of postponing the decision. There are some decisions that are best made after acquiring more information, and some that are best made sooner rather than later. The later a decision is made, the more informed it can be; however, making it later can also have adverse consequences (e.g., postponing progress). Understanding the trade-off between the marginal gains of acquiring the extra information against the marginal costs of postponing a decision is an important factor in the timing and preparation of decision-making.

Brilliantly put. Don't postpone a decision unless you stand to make it better by an amount larger than the cost of the delay.

"Principles" is highly recommended if you haven't gotten around to grabbing a copy yet.

Concept of Freedom in Islam

On TheWayToDestiny.Com

Freedom is often denied to many individuals, groups, and nations. The fact is that in no human societycan man be free in the absolute sense of the word. There must be some limitations of one sort or another, if the society is to function at all. Anarchy would prevail in lands where people have the freedom to live as they like. Freedom without restraints leads to corruption and immorality since they are not tied to higher moral values or self-control. The freedom that Islam grants is based on commitment and responsibility without which there can be no true freedom. Islam does not believe in giving man unbridled freedom to do whatever he likes. The right of freedom that man has been endowed with is sacred as long as he does not violate the Commandments of Allâh. Islam insists that man has freewill because that is the way that Allâh created him. It allows him to express this freedom and to practice it within the limits of commitment, responsibility, and self-control. Moreover, man has an obligation to choose the path of righteousness and to safeguard his freedom and that of others. One ofthe main objectives of Islam is to free humanity from superstitions, the soul from sin, and the conscience from fear. Every man has the right to freedom of belief, conscience, and worship. Islam expects man to think, ponder, affirm faith, and do good deeds. Every human being is personally responsible for his deeds and he is accountable for the consequences of all his actions. Man should therefore, practice his personal freedom without encroaching upon the rights of others and deviating from a correct moral conduct. In an atmosphere which respects the rights and freedoms of others, mankind can grow and prosper.

"The truth is from your Lord: Let him who will believe, and let him who will, reject (it). " [The Qurân, Ch: 18 Al-Kahf, V: 29]

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