Article PDF: 5.4 Minimizing Action

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Five rules for choosing the most economical actions, i.e. less is more.

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This article explains the power of choosing to make small rather than large moves. Whether pursuing a single opportunity or improving our position generally, there is problem with over-extending ourselves. In pursuing an opportunity, it increase our risk of loss. When we see a high probability opportunity, we naturally want to pursue it. If, however, we try to improve our position by pursuing opportunity after opportunity by doing more and more different activities, our position grows more and more complex. The result is that our position becomes more and more expensive and difficult to maintain. Making situations more complex is seldom profitable.