← Mission and Pursuit

Life lesson #212 from Barry Schwartz, The Paradox of Choice

If you seek and accept only the best, you are a maximizer.

To satisfice is to settle for something that is good enough and not worry about the possibility that there might be something better.

When all the costs (in time, money, and anguish) involved in getting information about all the options are factored in, satisficing is the maximizing strategy.

— Barry Schwartz, The Paradox of Choice