Reviewing decisions by process alone sounds great in theory, but I think it underestimates something: sometimes the outcome IS the missing information. Like, you could've done the whole analysis right and still missed a signal that only became obvious afterward — and that's not hindsight bias, that's real learning that only showed up because things went wrong. Splitting process from outcome that cleanly feels less like an honest analytical tool and more like a way to protect the ego of whoever made the call.
And the quarterly review thing, honestly, works fine for investing or career decisions, but does it hold up for every kind of choice? Relationship decisions, for instance — reviewing those with that same "process vs outcome" coldness feels kind of sociopathic in practice, no?
Curious if anyone here has tried applying this outside a financial context and hit a similar wall.