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In women, the empathy scale interacted rather strongly with the impulsivity scale, suggesting that women considered the implications of their romantic relationships for their wider social networks, allowing them to integrate their love lives with the interests of family and friends in a more effective way than men did.
You can identify decisions with limited downside by asking yourself one or both of the following questions: What’s the worst that can happen? If the outcome doesn’t go my way, am I worse off than I was before I made the decision?
Because Berkshire has so many moving parts—more than 50 operating subsidiaries and hundreds of sub-subsidiaries—I try to keep it simple by dividing the company in half: Active, wholly owned operations like Burlington Northern on the one hand and the more passive cash and securities on the other. For the operating businesses, I assign what I consider to be fair-value multiples of earnings; I mark the cash and securities to market—that is, I simply take their market value.
How Warren Buffett Built Berkshire Hathaway—and What Might Happen When He Leaves
fortune.com
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