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Judgement: Case Studies

  • personal995
  • Jun 23, 2024
  • 11 min read

Updated: Jan 4



Index





Purpose


Judgement: Case Studies is a section of Judgement.

This page and section exists to provide examples of what can happen when it all comes together or caution what can happen if it doesn't.




Introduction


Take heed of the stories of others. We are a storying telling species, they help us remember.​

We often won't understand the ramifications of poor planning, preparation or actions until it is too late. We have all had to learn something over and over. Either 'the penny doesn't drop,' we have cognitive biases that hold us back, or we do not quite yet have the accumulated knowledge or experience to tie it all together. 

The Case Studies are provided to help show what can happen when it all comes together or caution what can happen if it doesn't.

The Case Studies are just appetisers to get you started. Read the referenced further readings in the Library (or similar books that might more readily align with your specific goals) to really submerse yourself into another's experience and absorb the learnings.



Process


​As with the Lessons, review these Case Studies as and when it best serves you to do so:

  • Review with the aim of prevention in mind. To avoid having to learn the hard way yourself.

  • Review if you are stuck on a specific phase or step.

  • Review if you are making repetitive errors.

  • Review if you need inspiration and motivation.

  • Review if you need to review or reconstruct your Models & Theories.

  • Review if you are looking for inspiration for Values or Goals.

  • Absorb and Action the Case Studies:

  • Document any insights or ideas in your Templates and ultimately if suitable, in your Action Plan​.

  • Read more deeply about someone you may want to emulate.

  • If the individuals mentioned do not resonate with you, who does? Discover them and learn their story.

  • Take what you learn and put it into action.

  • Whatever you discover that you need to learn, whether positive or negative, it doesn't really matter. Again, what matters is what you do next.

  • Continually learn, continually improve and move forward.



Case Studies: By Example




1. Abraham Lincoln


Abraham Lincoln's leadership during the American Civil War offers a compelling example of the benefits of sound judgment. His ability to form well-considered opinions and make decisions based on available information and experience was crucial in steering the nation through one of its most tumultuous periods.


Lincoln faced immense pressure and complex decisions during his presidency, particularly regarding the conduct of the Civil War. His judgment was tested on multiple fronts, including military strategy, political maneuvering, and moral leadership. A notable instance demonstrating Lincoln's judgment was his handling of the Emancipation Proclamation. Despite facing political opposition and uncertainty about its impact on the war effort, Lincoln made the strategic decision to issue the proclamation in 1863, declaring all enslaved individuals in Confederate-held territory to be free. This decision not only aligned with Lincoln's moral convictions but also served as a strategic move to undermine the Confederacy's economic and military infrastructure. By carefully weighing the available information and considering the broader context, Lincoln demonstrated astute judgment that ultimately contributed to the Union's victory and the abolition of slavery.


Another example of Lincoln's exceptional judgment was his approach to selecting and managing his cabinet. Despite initial skepticism from some of his advisors, Lincoln assembled a diverse team of rivals, including individuals with differing viewpoints and backgrounds. Rather than surrounding himself with yes-men, Lincoln valued dissenting opinions and diverse perspectives, recognizing that robust debate and differing viewpoints could lead to more informed decision-making. This strategy of fostering a dynamic and intellectually challenging environment allowed Lincoln to draw on a wide range of insights and expertise, enhancing the overall quality of his administration's decisions.


Lincoln's leadership during the Civil War also demonstrated his capacity for strategic patience and timing. For instance, his decision to delay the issuance of the Emancipation Proclamation until after the Union's victory at the Battle of Antietam was a calculated move. By doing so, Lincoln ensured that the proclamation would be perceived as an act of strength rather than desperation, bolstering its political and moral impact. This example highlights Lincoln's ability to balance immediate pressures with long-term goals, a hallmark of effective judgment.


Moreover, Lincoln's handling of military appointments showcased his discernment in recognizing and nurturing talent. Despite initial failures with certain generals, Lincoln's eventual appointment of Ulysses S. Grant as the head of the Union armies proved decisive. Grant's aggressive tactics and relentless pursuit of Confederate forces aligned with Lincoln's strategic vision, leading to a series of crucial victories that ultimately secured the Union's triumph.


Lincoln's leadership during the Civil War illustrates the profound impact that sound judgment can have on shaping historical events and achieving meaningful outcomes. By continually refining his ability to assess situations, weigh options, and make principled decisions, Lincoln not only preserved the Union but also advanced the cause of freedom and equality in America. His legacy underscores the importance of thoughtful and informed judgment in navigating complex challenges and achieving lasting progress.


Further reading: Team of Rivals (Doris Kearns Goodwin)




2. Charles T Munger


Charlie Munger, was the Vice Chairman of Berkshire Hathaway and Warren Buffett's long-time business partner. Munger exemplified the transformative power of improving judgment and embracing a multidisciplinary approach to problem-solving. Renowned for his sharp intellect, contrarian thinking, and emphasis on lifelong learning, Munger's philosophy of "elementary, worldly wisdom" emphasizes the importance of cultivating a broad mental model, drawing insights from diverse disciplines, and avoiding common cognitive biases that can impair judgment.


Munger's approach to decision-making is centered around building a "latticework of mental models" derived from various disciplines such as psychology, economics, and biology. This method allows individuals to approach problems from multiple perspectives and make more informed decisions. By integrating knowledge from different fields, Munger believes one can better understand complex issues and devise more effective solutions.


One notable example of Munger's exceptional judgment is his advocacy for the use of mental models in decision-making. He emphasizes that having a diverse set of mental models enables individuals to recognize patterns and make connections that might not be apparent when relying solely on expertise in one area. This multidisciplinary approach helps to mitigate the risks associated with narrow thinking and enhances the quality of decision-making.


Furthermore, Munger's emphasis on rationality and critical thinking underscores the importance of questioning assumptions, seeking alternative viewpoints, and conducting thorough analysis before making judgments or decisions. He famously advocates for the "inversion" technique, which involves identifying potential pitfalls or failures and working backward to mitigate risks and enhance outcomes. This method encourages proactive problem-solving and helps to anticipate and avoid potential obstacles.


Munger's commitment to ethical behavior and integrity in business reflects his belief that long-term success is built on a foundation of trust, honesty, and fairness. He stresses the importance of doing business with partners and companies that share similar values and principles, as integrity is essential for maintaining strong relationships and reputations. Munger's ethical stance serves as a guiding principle for his decision-making, ensuring that his actions align with his core values.


Moreover, Munger's dedication to lifelong learning and self-improvement highlights the importance of continually refining one's judgment and expanding one's knowledge base. He believes that intellectual growth and curiosity are key drivers of personal and professional success. By constantly seeking to learn and adapt, Munger exemplifies the value of staying open-minded and receptive to new ideas.


In essence, Charlie Munger's life and teachings serve as a powerful testament to the transformative impact of improving judgment and embracing rationality, multidisciplinary thinking, and ethical behavior. His approach to decision-making has not only contributed to his own success but also offers valuable lessons for anyone seeking to navigate the complexities of the modern world. Munger's emphasis on mental models, critical thinking, and integrity underscores the importance of a well-rounded and principled approach to achieving success and fulfillment.


Further reading: Poor Charlie's Almanack (Charles T Munger)




3. Socrates


Socrates, a classical Greek philosopher, is renowned for his philosophical insights and unwavering commitment to questioning assumptions. His life and teachings exemplify the transformative power of improving judgment through critical thinking and self-examination. Best known for his Socratic method—a dialectical approach to inquiry involving probing questions to stimulate critical thinking and challenge conventional beliefs—Socrates left an indelible mark on Western philosophy and education despite facing opposition and eventual condemnation for his unorthodox teachings.


One notable example of Socrates' exceptional judgment is his refusal to compromise his principles or renounce his commitment to philosophical inquiry, even in the face of persecution and the threat of death. Throughout his life, Socrates remained steadfast in his pursuit of wisdom and virtue. He encouraged others to question authority and examine their own beliefs through reasoned dialogue and introspection. His dedication to seeking truth and fostering intellectual curiosity demonstrated the profound impact of critical thinking on personal and societal growth.


Socrates' emphasis on self-knowledge and moral integrity underscores the importance of cultivating inner wisdom and ethical clarity in navigating life's challenges and making sound judgments. He famously proclaimed that "the unexamined life is not worth living," urging individuals to engage in critical self-reflection and strive for self-improvement. This call to introspection highlights the essential role of self-awareness in achieving a meaningful and virtuous existence. By constantly questioning his own beliefs and those of others, Socrates aimed to uncover deeper truths and promote a life guided by reason and ethical principles.


Moreover, Socrates' legacy as a teacher and mentor continues to inspire generations of thinkers and scholars. His approach encourages questioning assumptions, challenging conventional wisdom, and engaging in open-minded inquiry in the pursuit of truth and enlightenment. By fostering a spirit of intellectual curiosity and moral courage, Socrates' teachings have enriched human understanding and contributed to the advancement of knowledge and civilization. His influence is evident in the works of his students, such as Plato, and the enduring impact of his ideas on contemporary thought.


In essence, Socrates' life serves as a timeless example of the transformative power of improving judgment through critical thinking, self-examination, and the pursuit of wisdom. His dedication to philosophical inquiry and moral integrity inspires individuals across centuries to embrace a life of intellectual curiosity, ethical behavior, and relentless pursuit of truth. By following Socrates' example, we can cultivate better judgment and make more informed, principled decisions in our own lives, contributing to personal growth and societal progress.


Further reading: The Trial and Death of Socrates (Plato)




By reviewing these lessons above you can gain inspiration, seek clarity, deepen your awareness of where you can improve and compound your results moving forward.





Case Studies: Cautionary Tales




1. Napoleon Bonaparte


Napoleon Bonaparte's rise and fall serve as a stark reminder of the dangers of unchecked ambition, overreach, and the failure to heed wise counsel. A French military and political leader, Napoleon rose to prominence during the tumultuous period of the French Revolution, eventually becoming Emperor of the French in the early 19th century. His military genius and strategic acumen enabled him to conquer vast territories across Europe and establish a formidable empire, but his relentless pursuit of power and expansion ultimately led to his downfall.


One notable example of Napoleon's poor judgment was his ill-fated invasion of Russia in 1812. Despite warnings from his advisors and the logistical challenges of waging war in the vast and inhospitable Russian landscape, Napoleon embarked on a campaign to subdue the Russian Empire and enforce his dominance over Europe. The campaign proved disastrous, with Napoleon's Grande Armée suffering heavy casualties from disease, starvation, and Russian military tactics, including the scorched-earth policy that deprived his troops of vital supplies. The harsh winter further decimated his forces, resulting in one of the most catastrophic military failures in history.


Furthermore, Napoleon's refusal to acknowledge the limitations of his own power and the resilience of his adversaries contributed significantly to his downfall. Instead of consolidating his gains and securing alliances with other European powers, Napoleon continued to pursue aggressive military campaigns. This relentless expansionism led to the formation of the Sixth Coalition, a formidable alliance of nations rising against him. His defeat at the Battle of Leipzig in 1813 marked a turning point, as it significantly weakened his hold on Europe and emboldened his enemies.


Napoleon's authoritarian rule and disregard for democratic principles also eroded his support among the French populace and fueled resistance to his regime. His suppression of civil liberties, censorship of the press, and imposition of heavy taxes to fund his military campaigns alienated many of his subjects and sowed the seeds of discontent. This growing dissatisfaction culminated in widespread resistance, contributing to his eventual abdication and exile.


In essence, Napoleon's rise and fall serve as a cautionary tale of the dangers of unchecked ambition, arrogance, and the failure to recognize one's own limitations. Despite his extraordinary military successes and lasting impact on European history, Napoleon's ultimate defeat and exile underscore the importance of humility, prudence, and the ability to learn from past mistakes in the pursuit of lasting greatness. His story highlights that even the most brilliant leaders must balance ambition with wisdom, listen to counsel, and remain grounded in the realities of their own limitations to achieve enduring success.


Further reading: The Campaigns of Napoleon (David G. Chandler)




2. Piero the Unfortunate


Piero the Unfortunate, also known as Piero di Lorenzo de' Medici, was a significant figure in Renaissance Florence and a member of the powerful Medici family. His life is a cautionary tale of political ineptitude, misfortune, and the unpredictable nature of power dynamics in Renaissance Italy.


Piero assumed control of Florence after the death of his father, Lorenzo the Magnificent, in 1492. Unlike his illustrious predecessor, Piero lacked the political acumen, charisma, and leadership qualities necessary to navigate the treacherous waters of Florentine politics and maintain the Medici's grip on power.


One notable example of Piero's poor judgment was his mishandling of diplomatic relations with foreign powers, particularly France. In 1494, Piero decided to align Florence with the French king Charles VIII against the interests of other Italian states. This decision backfired disastrously when Charles invaded Italy, leading to the Italian Wars and the eventual expulsion of the Medici from Florence. Piero's ill-fated alliance with France alienated his allies and weakened Florence's position, showcasing his inability to foresee the consequences of his diplomatic choices.


Furthermore, Piero's ineffectual leadership and inability to unite the various factions within Florence alienated key allies and emboldened his enemies. His lack of decisive action and political vision ultimately culminated in his overthrow and the establishment of a republican government in 1494. This marked the end of Medici rule in Florence and ushered in a period of political instability and turmoil known as the Florentine Republic.


Moreover, Piero's personal misfortunes and tragic fate further cemented his reputation as "the Unfortunate." Following his exile from Florence, Piero sought refuge in various European courts but met with little success in rallying support for his cause. He lived in relative obscurity, constantly struggling to reclaim his lost power. Piero drowned in 1503 while crossing the Garigliano River during a retreat, a grim end to a life marked by political failure and unfulfilled potential.


Piero the Unfortunate's story serves as a cautionary tale of the dangers of political incompetence, hubris, and the unpredictable nature of power dynamics in Renaissance Italy. His inability to live up to the legacy of his illustrious forebears and his tragic downfall highlight the precarious nature of political power and the importance of prudent leadership in maintaining stability and prosperity. Through his life, we are reminded that political success requires not only inherited power but also the wisdom, foresight, and capability to wield it effectively.


Further reading: The Medici – Power, Money, and Ambition in the Italian Renaissance (Paul Strathern)




By reviewing these cautionary case studies above you can heed their warnings, adjust to suit, deepen your awareness of where you can improve and compound your results moving forward.




Output Checklist


  • Completed Strategic Review Worksheet from The Workbook for approaching any Judgement related opportunities or challenges, guided by all key learnings from this section.




Next Steps


  • If you feel you have key learnings to takeaway, return to Judgement: Main to integrate into your Output Checklist.

  • To continue to learn more, move on to Judgement: Library.





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