Bestselling author Daniel Pink explains how regret leads to better decisions, successful negotiations, and a happy life. To date, Pink has surveyed more than 26,000 people worldwide for his latest project.

Pink describes regret as a “photographic negative of a good life,” combined with the chance to discover one’s own values ​​and desires. “Leaders who think and talk about their regrets are better strategists,’ says Pink. The older the participants in his study were, the stronger this effect was. Many participants regretted not investing more time in good relationships with friends and family.