Dr. Brian Portnoy is an expert in making decisions. He holds a Ph.D. from the University of Chicago, he's a Chartered Financial Analyst, and he's the Director of Investment Education at Virtus Investment Partners. Dr. Portnoy joins me on the podcast to discuss how to make smarter decisions -- not only about investments, but also generally in life. How do we sharpen our decision-making skills? How do we improve our critical thinking processes? Here are some of the takeaways from our conversation. 1. Beware of resulting. 2. Manage your expectations. 3. Don't make hasty evaluations. 4. Automate. 5. Define risk. 6. Diversification, risk management, and behavior. 7. You're the average of the 5 people you spend the most time with. 8. Keep a decision-making journal. Remember, don't judge your choices based on outcome; judge your choices based on the soundness of the decision-making process itself. Dr. Portnoy dives into detail about how to make better decisions in today's episode. Enjoy! -- Detailed show notes: https://affordanything.com/episode152 Subscribe via iTunes: https://affordanything.com/itunes #affordanything #decisionmaking