Alastair Mundy: The 10-10-10 rule

Including a 'future us' in decision-making

clock • 2 min read

I recently decided to reduce my running commitments.There will be no press coverage of this and no big testimonial dinner has been organised: given my ability I will be of no loss whatsoever to the running community - although running shoe manufacturers will miss me greatly.

My decision is not due to injury or old age, but instead to longer-term concerns over the damage I may do to myself if I push my luck for another five or ten years.  To many this decision seems entirely irrational ('if you are not injured you should keep going. Listen to your body'), so I was delighted to find support for my actions when reading Thinking in Bets - Making Smarter Decisions When You Don't Have All The Facts, by Annie Duke. Mundy's Moments: What can history tell us about where bond yields are heading? Duke is an ex-professional poker player who won over $4m in tournam...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

Over £900m lost in UK finance and insurance private investment in 2024

Over £900m lost in UK finance and insurance private investment in 2024

Fourth largest percentage decrease across sectors

Patrick Brusnahan
clock 10 July 2025 • 1 min read
Wellington Management's Natasha Brook-Walters: How to position for the new investing regime

Wellington Management's Natasha Brook-Walters: How to position for the new investing regime

Time to evolve

Natasha Brook-Walters
clock 10 July 2025 • 4 min read
Global IPOs expected to 'remain quiet' amid market volatility triggered by Trump's tariffs

Global IPOs expected to 'remain quiet' amid market volatility triggered by Trump's tariffs

European and UK IPOs on decline

Sorin Dojan
clock 09 July 2025 • 2 min read
Trustpilot