“Whether written out somewhere or merely a collection in the back of your mind, you likely have a to-do list of things you want to get done. After all, life is busy and there often isn’t time to do everything you would like. But do you have a to-don’t list? Things that you’re planning not to do? A recent article in the Financial Times points to the often-neglected importance of the art of not doing. In the desire to be productive and accomplish goals, it’s easy to always focus your attention on what to do, rather than on what you know you want to avoid. As the author points out, however, ‘sometimes the absence of bad is more important than the presence of good.’ After all, history is littered with countless examples in which the feeling that something must be done has won out over the patient wariness of avoiding doing something wrong to disastrous effect.”
E-mail from Charalambos Dritsas of IG Wealth Management March 3, 2023