A quote I reflect upon often

"Better a little caution than a great regret." George S. Clason, the Richest Man in Babylon

This is true. But if one takes a lot of caution, it would appear that caution itself in the end could result in a great regret.  This could be due to a range of options:
  • Delayed action, 
  • Decision fatigue resulting in a poor decision,
  • Decision regret post decision-making (due to the additional time spent investigating alternatives), 
  • Missing an opportunity entirely, or
  • Something else.
But which is the better default position; is better to have a little or a lot of caution?  Or does this depend on the topic at hand?  Which leads to a lesser regret?

How much caution do you take in difference aspects of your life?