Good judgment is one thing. Prudence and caution before taking a risk is appropriate. But the inability to make a decision and take action is not a virtue. Then there's the variant of analysis paralysis that I'll call the penchant for perfection. It is the person who must make all As in school, be the top performer in the company, and always be acknowledged to be right in family decisions.
Some researchers claim a link between the penchant for perfection and depression.
Some even link it to a high percentage of suicides. If the penchant for perfection is other-oriented, it imposes unrealistic expectations on the people in one's environment. In his family, his take on things is that the house is never clean enough, the children never do as well as they could in school, and nobody really deserves praise. These people make other people unhappy and find it hard to keep good employees or to stay married. He certainly didn't put us here to be one another's monitors and critics.