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2014 Maharishi University of Management Commencement Speech

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Fear not that thy life shall come to an end, but rather that it shall never have a beginning. – John Henry Newman

Regret is the emotion of wishing one had made a different decision in the past because the consequences of the decision were unfavorable. Regret is a negative emotion predicated on an upward, self-focus, counterfactual inference. (Gilovich and Medec 1995). Regret can also be defined as a negative, cognitively based emotion that we experience when realizing or imagining that our present situation would have been better had we acted differently (Zeelenberg 2010).