Never engage in resulting—judging the quality of decisions by outcomes rather than process—because outcomes have luck components; maintain your process even during bad luck periods.

normativepending

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Unidentified Speaker — Liz Ann Sonders, Cliff Asness, Mike Green and 40+ Others Sh… [tqX-0CL1yms]

Evidence Quote

never engage in resulting. Don't judge the quality of your decision by the outcome. Judge it by the quality of your process.

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Liz Ann Sonders, Cliff Asness, Mike Green and 40+ Others Share Their Most Important LessonExcess Returns
Created: 8/11/2026, 6:46:49 AM

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