I am reading a great book “Principles.” of Dalio, Ray
There's a paraphrase called “Make believability-weighted decisions.”
“• Make believability-weighted decisions.
My painful mistakes shifted me from having a perspective of “I know I’m right” to having one of “How do I know I’m right?” They gave me the humility I needed to balance my audacity. Knowing that I could be painfully wrong and curiosity about why other smart people saw things differently prompted me to look at things through the eyes of others as well as my own. That allowed me to see many more dimensions than if I saw things just through my own eyes. Learning how to weigh people’s inputs so that I chose the best ones — in other words, so that I believability weighted my decision making — increased my chances of being right and was thrilling. At the same time, I learned to:”
I searched and found that there's no such a word 'believability'.
In dictionary.com
, it implies that 'believability' is synonymous with 'credibility'.
Additionally, I search the verb meaning of weight
Verb 1 If you weight something, you make it heavier by adding something to it, for example in order to stop it from moving easily.
Verb 2 If you weight things, you give them different values according to how important or significant they are.
I guess 'weight' is 'verb 1' of 'make it heavier by adding something to it'
In conclusion, “Make believability-weighted decisions.” is “Make credibility-biased decisions.”
Honestly, I didn't understand the author's intention throughly.
Why he labored to invent 'believability' instead of 'credibility', especially he applied the phrase 'believability weighted' as a whole for a verb in 'I believability weighted my decision making'.