I'm not talking about certainty. I'm saying that humans are impossibly bad at figuring out the first two variables in that equation, and only slightly better at figuring out the cost of learning.
And the opportunity cost of not knowing things can be staggering.
If you just want to maximize your wealth, maybe that approach is workable, since there are more tangible numbers involved, but if you're optimizing for happiness, it's much, much harder.
And the opportunity cost of not knowing things can be staggering.
If you just want to maximize your wealth, maybe that approach is workable, since there are more tangible numbers involved, but if you're optimizing for happiness, it's much, much harder.