The discussion could have gone on indefinitely. And, so, as the clocked ticked down and the Asian markets were ready to open, we made the best decision in light of what we knew at the time. The circumstances for decision making may never be ideal. But you must decide nonetheless. Fourth, and finally, judging decisions.
Decisions tend to be judged solely on the results they produce.
But I believe the right test should focus heavily on the quality of the decision making itself. Two examples illustrate my point. In 1995, the United States put together a financial support program to help Mexico's economy, which was then in crisis. Mexico stabilized and U.S. taxpayers even made money on the deal. Some said that the Mexico program was a good decision because it worked.