I Know That I Know Nothing

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Scott D. Clary
Scott D. Clary
2 min readAug 11, 2023

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Imagine being the most intelligent person in the room. You have all the answers, right? Wrong.

Socrates once proclaimed, “I know that I know nothing.”

Strange, isn’t it? How can a man of such wisdom claim ignorance?

Welcome to the paradox of decision making.

You think you’re special. We all do. But that’s where the trap lies.

Assuming intelligence and talent lead to wise decisions? That’s the path to ruin.

Think about the legend of Icarus. He flew too high, enamored with his ability to touch the sky. What happened? He fell.

The same goes for many corporate giants. Their downfall was often the result of overconfidence.

Nokia, Kodak, Blockbuster — what do they share? A belief that they were invincible.

Your brilliance, It’s a double-edged sword.

The answer isn’t arrogance. It’s humility.

A recognition that you might be wrong.

You need to put in the planning and work.

That’s where real decision-making thrives.

Talk to the custodian. Learn from the intern. Don’t disregard the new hire’s perspective.

You see, insights can come from the most unexpected places.

But to see them, You must assume you’re not the smartest person in the room.

Embrace doubt. Cherish uncertainty.

Because that’s where the real growth happens.

Warren Buffett doesn’t make snap decisions. He researches, contemplates, ponders.

Why? Because he’s learned the paradox of decision-making.

To make wise decisions, One must assume that one’s own judgment might be flawed.

So next time you face a choice, big or small, Pause. Reflect. Doubt yourself a bit.

You might find that your decisions aren’t just smarter. They’re wiser.

Because when you believe you’re the fool in the room, You open the door to true wisdom.

The paradox is profound but simple: To improve the quality of your decisions, recognize that you might not be as smart or talented as you think. Put in more planning and work, and watch as the ‘unlucky’ outcomes become a thing of the past.

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Scott D. Clary
Scott D. Clary

👋 scottdclary.com | Host @ Success Story Podcast 🎙️ | I write a newsletter to 321,000 people 👉 newsletter.scottdclary.com