Inversion

Ask what would make the plan fail, and avoid that, before asking what would make it succeed.

• Decision-making

1 idea that carry it

• FrameworkDecision-makingBook

  Invert the question, and look at the incentives first

  Ask what would make this fail and who is paid for what before asking anything else.

  Diligence, deal structuring, reading any management proposal, and preparing for any decision you cannot easily reverse.

  From Poor Charlie's Almanack · Charles T. Munger