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People speak

DID YOU MISS THE BOAT AGAIN!
PEOPLE
SPEAK

A column created by RJ Zarina Khorakiwalla

Hi again and welcome to my column. So the Having said that, one reason regret is so important
question today is “Did you make it or did you for individual decision-making is because people
miss the boat again!” take the possible impact of regret into account
when making a decision, and it influences their
The boat I am referring to here is really the future decisions. These results support the Future
opportunities that we either grab or then miss on Opportunity Principle, as they are also the areas
a regular basis in life. But for some reason it feels with the greatest opportunities for change.
more so lately. With the current market inflation
and with prices of everything from groceries to Enough talking about regret for a moment,
homes and everything in between touching the however I know it will keep lingering around this
sky, it feels like we missed an entire ship, let alone read every now and then.
the boat aside.

The decisions that everyone has to make- such
as those involving a career, private life, or even
leisure time etc., all present themselves with several
opportunities and chances and when these are
missed, it leads to the most hated emotion of all
time and that is the big old ‘regret’. Out of all the
emotions that exist in this world, regret is one of
the worst. Regret is an emotion that occurs when
a person is thinking about how a current situation
would have been better if a different decision had
been made. This negative emotion emerges from
Have you noticed that things are more expensive
lately? According to a recent poll, nearly 9 in 10
Americans say they have noticed prices increasing
for essential items like gasoline, meat and dairy
products. The culprit? Inflation. As you’ve seen,
the dollar has gradually lost value over time as a
result of inflation. Every decision we make from
the time we are born to the time we die comprises
small or big decisions that we make for ourselves
or are made for us by others. Even when we do
not like other people making decisions for us, we
an undesirable evaluation process of a certain still prefer those over our own decisions, because
decision. Accordingly, the feeling leads to self- in case they don’t work out, we have someone
blaming for making the wrong decision and a else to blame and the regret factor becomes just
desire to reverse the prevailing situation. a little less. Moreover we are able to say “I told
you so” to someone else besides ourselves.

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