Jeff Bezos - Regret Minimization Framework
Micky Thompson
Why leaders watch it
A simple heuristic for high-stakes, irreversible choices: project to age 80 and minimize regret instead of risk.
A three-minute clip of Jeff Bezos describing his Regret Minimization Framework: imagining yourself at 80 to decide whether to leave a Wall Street job to start Amazon.
Takeaways
- Imagine yourself at 80 to frame big decisions
- Regret over inaction outweighs regret over failed attempts
- Choose by long-term regret, not short-term risk
Topics: Decision making & mental models, Career & life advice
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