Tuesday, November 24, 2009

The Perfect is the Enemy of the Good

Perfection comes with a price. This link primarily focuses on this concept as applied to finances, but the graph below illustrates how diminishing marginal returns applies to most things in life.

To sum up the two main reasons I tend to shy away from perfectionism:

1) In my experience, the benefits typically do not outweigh the costs; and (perhaps more importantly)

2) I have never met a happy perfectionist.

No comments: