Is it possible to have too much information when making an important decision?

Colin Powell speaks often about his 40-70 rule. He advises obtaining at least forty percent of the available information, but no more than seventy percent, when making a decision. From there, he says, let your gut make the final call.

According to Powell, having too much information slows down the process and discourages the use of human intuition- a very powerful ability.

His advice explains why “trusting your gut” can either be good or bad advice, depending upon the situation and how much information is known.