Tuesday, 27 May 2014 09:29

How to Make Profitable Choices Featured

Written by
Rate this item
(0 votes)

You’re faced with hundreds of choices every day, thousands even. But how can you know if you’re making the right ones? We do fall into traps many times when we are faced with real circumstances and we have to make a decision or a choice. It is always not a straight forward

procedure yet some are masters in making decisions that are profitable in the long run. There are some decisions that give instant profitable result in the short term but backfire in the long run. One must be very clear and certain when making decisions.

Truth is, most often our decisions are disrupted by an array of biases and irrationalities. Sometimes we’re overconfident. We seek out information that supports us and downplay information that doesn’t. We get distracted by short-term emotions. When it comes to making choices, it seems, our brains are flawed instruments. The right decision, at the right moment, can make all the difference. What you decide will determine the kind of person you become later. Taking decisions at crucial stages can even affect your future.

There numerous numbers of times we are not sure we are making the right choice but we make them base on the circumstance in front of us. Sometimes things could change so quickly that our choices no longer apply and in this case people might look at it as a bad choice but for you it could be seen as a precaution and not a bad choice.

In January 2014 when Arsenal confirmed the signing of Kim Kallstrom from Spartak Moscow on a loan deal, it was not met with much enthusiasm. But that indifference was turned into what-on-earth-was-Wenger-thinking when it became clear Kallstrom would miss a significant amount of playing time with a back injury.  With Wenger only deciding to sign a midfielder owing to the injuries suffered to the likes of Aaron Ramsey and Jack Wilshere, it made absolutely no sense, at least on the face of it, to make a move for a player who will not be available for the entire month of February and possibly beyond that.

Wenger admitted he had known about the injury to Kallstrom before making the signing, but insisted he was left with little choice owing to time constraints, having clinched the Sweden international’s signature on deadline day of the January transfer window.

“[Being fit at the end of February] is the best-case scenario,” Wenger said. “I’m sure if you have played football you might have played with a micro-fracture of your vertebra without even noticing it because on a normal scan you don’t find out. He might play before that [the end of February] but he might play as well later. I would not have signed him if we had two or three more days to do something, but it was Friday night at five o’clock, so it was [a case of] you [sign] nobody or you do it under these conditions.

The Arsenal manager defended his decision to acquire an already injured player due to the fact that Ramsey, Arsenal’s best player that season, suffered a setback, which is likely to keep him out of action for a further six weeks. “It crossed my mind after the [setback] of Ramsey, because everybody says he is back in six weeks but because he had two setbacks who can guarantee that it will not last longer? And after Tuesday night of course, because Wilshere couldn’t play [at Southampton]... it was not a 200 percent need, we could have gone without, but first of all you must identify a player who has the quality to play for us, in January,” he said.

“Then, because we have the number of players needed in that area, not to be locked in a deal of three or four years, where you pay the players to do nothing. So to find a player on a free loan, of that quality, on Wednesday morning until Friday night, is not easy.”

But surely, Wenger would have considered pulling out of the deal for Kallstrom, knowing the risks that the signing came with. “Of course it crossed my mind,” Wenger said. “I decided to do it because we might, because of the number of games we have now in February, need the players in March or April. There is a possibility [that he may not play] but as well there is the possibility that he scores us the winning goal that might be vitally important.

“At some stage in our job you have to make a decision. Are you wrong or right? You will only know at the end of the season. I made this decision because, since the start of the season, all our central midfielders have missed a part of the season -- whether it’s [Mathieu] Flamini, Wilshere, [Mikel] Arteta, [Alex Oxlade] Chamberlain or [Santi] Cazorla. All of them have had injuries and it can happen that a few of them miss the next part [of the season] together. It’s true that in the first four to six weeks we have not sorted that problem out.”

Here you can see that making these choices sometimes will not bring you instant solution but you need to weigh the options. On the pyramid of choice there are several choices to choose from and the reasons behind your choices are best known to you. I have that concept that at the time of making a choice you are not hundred percent sure it is the best choice but you know it is among the best of options you have so you make the choice base on other information and circumstances surrounding the decision. So how do you make a choice that will benefit you? We are going to use the pattern of the choice made by Arsène Wenger as our model.

Stay Clam and Peaceful
Staying calm gives you the power to be in control. Realize that being calm is an internal issue, not an external factor. It can be tempting to blame your external life for your lack of inner calm. Be kind to yourself. Being calm begins with being self-loving (which does not mean being self-absorbed).

Get as much information as possible
You don’t need to be hasty in your conclusion. The only way to see the picture clearly is to obtain as much information as possible. Sometimes the information you obtain has the solution in it. Facts wise, find out everything you can about the problem you’re facing and the options you have for dealing with it. This will help you make the most informed decision.

Know Your Options
Knowledge is power. You need to investigate and understand the various options available to you. This is very important because it gives you more solution that can be applied.

List all your options
List all of your options. At first sight, it may appear that there is only one course of action, but that is usually not true. Even if your situation seems limited, try to make a list of alternatives. Don’t try to evaluate them until you’ve got a full list. Be thorough.  

Think in depth about each option
You need to think in depth about each option. You need to analyse them and see try to think what there different outcome will be. You know what is best for you in this situation and this will be easy to choose because you have deep knowledge of your options.

Weigh all the risk versus the gains
For every option, list every possible outcome and label it as positive or negative. You are not in a hurry. You want the very best so you must ensure you get the best.

Observe your feelings and emotions
You’ll be comfortable with some options and uncomfortable with others. Allowing your emotions to be in control is dangerous. Being able to control your emotions depends in part on how much you feed a particular emotion; on how much you focus on what you are afraid of, enraged by, or depressed about. You must be totally focused in dealing with the situation not allowing your emotion to be the driver.

Relate your choices to your priorities
Each question you asked yourself here is very important so you need to create a list of priorities in relation to these questions. Write down the list, and then put your options against it. If you have well-established priorities, this will be easy. If you don’t, take extra time with this step.

Make a Choice
The reason you started this exercise is to make a choice so now you have more than enough solution in front of you that will enable you to make the choice. Go for it. Don’t fold your hands. This is the time and the hour you have been waiting for. Don’t waste it.

Designate your choices
Most of the times your choice will sneak up on you before you even realize you’ve made a decision. Things should begin to fall together for you at this point. You should feel good about yourself and what you want. This strengthens your confidence in yourself, and strengthens your identity.

Register your Choice
At this point you’re putting it all together in preparation for action. Do not backtrack. Keep moving forward towards your final decision. Be very open here. I have been in a situation before while trying to make a decision the events that happened next enables me to make the decision as it puts the solution right in my hands. If I was negative I wouldn’t have been able to identify the solution.

Now Commit to your Choice
It will make no sense to spend all the time you did and energy in making a choice that you won’t commit to. Choice becomes a decision when implementation takes place. Focus your time, energy, self, and purpose on the decision.

Kim Kallstrom scored a crucial penalty against Wigan Atlantic in the semi-final of the FA cup which puts Arsenal in the final and was able to win silverware after nine years without one. So the decision is productive in the long run.

69441 comments

  • Comment Link dkpblmz Monday, 20 January 2025 10:36 posted by dkpblmz

    get prednisone buy cost furosemide lasix want to buy generic carafate no rx flagyl with next day delivery feldene legally buy online uk india pharmacy amitriptyline cymbalta 40 mg cash delivery alli overnight us delivery cheapest mircette mobic prescription uk best clonidine buy online laredo get serpina tabs cod accepted lamisil-cream mail order express scripts generic lasix furosemide arkansas cheapest place to get femara discount retinoic-acid retino-a want to order crestor need micardis-hct cheapest can i order lynoral how to buy abana exelon with an online prescription d nitroglycerin cod orders how to purchase ponstel discount 3mg risperdal with visa zetia no prescription pills durham zopiclone overnight cheap cheap zovirax online overnight order indinavir in denver alprazolam order express metoclopramide no rx online order endep fast shipping buy selegiline zolpidem order metformin automatic stop wirral propecia no prescription uk purchase xanax cod cash delivery purchase metformin store tablet how to buy abana pills buy kemadrin delivery can i purchase amaryl how to order cardura

  • Comment Link $200 日本円 Monday, 20 January 2025 10:13 posted by $200 日本円

    Proper buying and selling knowledge is the important thing to success in the futures market.

  • Comment Link Chinese Proficiency Test HSK Monday, 20 January 2025 10:09 posted by Chinese Proficiency Test HSK

    I have read so many articles or reviews concerning the blogger
    lovers however this paragraph is genuinely a pleasant article,
    keep it up.

  • Comment Link lyxlsms Monday, 20 January 2025 09:52 posted by lyxlsms

    buy legitimate cytotec

  • Comment Link ta88vnbz Monday, 20 January 2025 09:34 posted by ta88vnbz

    Hey there! Do you know if they make any plugins
    to assist with SEO? I'm trying to get my blog to rank for some targeted keywords but I'm not seeing very
    good results. If you know of any please share. Thank you!

  • Comment Link shower column Monday, 20 January 2025 09:27 posted by shower column

    Thanks so much for the post.Thanks Again. Want more.

  • Comment Link ソフトバンク社債 償還前 売却 Monday, 20 January 2025 08:29 posted by ソフトバンク社債 償還前 売却

    India's net purchases of foreign exchange in 2017 as a whole totalled $56 billion (2.2 of GDP).

  • Comment Link elcrxdj Monday, 20 January 2025 07:35 posted by elcrxdj

    cytotec gel cost

  • Comment Link hbjmwffw Monday, 20 January 2025 07:27 posted by hbjmwffw

    colospa drug no prescription purchase fast famvir 250 mg buying pyridium safely online prices generic micronase no prescription order trileptal boston buy cod remeron mirtaz cheap isoniazid legally cheap ambien cod saturday delivery arava 10mg cheapest can i order amantadine cheap fluoxetine pill oakland want to order aciphex want to buy astelin order nootropil price check detroit cheapest nitrofurantoin price north dakota where to purchase next motilium cheapest price on periactin 4mg generic naltrexone with free shipping paxil no script south carolina get seroquel visa cod accepted cost zanaflex tablet online canada generic decadron online canada diabecon no doctor prescription kribv online zetia compared pharmacy how to purchase mobic want to buy xanax cheap lisinopril buy online kqjxf cheap rivotril prescriptions online get zanaflex fast delivery usa no prescription lasix tabs cardiff cheapest reglan no script nsk9n order prandin alaska cost beautytek elimite 30gm coumadin 2 mg no prescription no prescription propranolol uk find where can i buy prilosec discount provigil uk buy zolpidem forum requip rx cost order emsam pills north dakota

  • Comment Link アントネーワルート Monday, 20 January 2025 07:25 posted by アントネーワルート

    They seek out horror movies, scary books and haunted houses.

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.