We don’t have a hundred biases, we have the wrong model - Works in Progress
Jason Collinsworksinprogress.co
We don’t have a hundred biases, we have the wrong model - Works in Progress
Almost all biases are time-saving heuristics. For important decisions, discard memory and identity, and focus on the problem.
Tim Ferriss • The Almanack of Naval Ravikant: A Guide to Wealth and Happiness
01. Fear of Being Wrong : Our decisions are often driven by Loss Aversion – the cognitive bias that makes us more afraid of failure than excited by potential success. In a world where a single misstep can get us “bollocked,’ we stick with what feels safe, even when it’s clearly not working.
Matt Klein • Self-Sabotaging Innovation: The Art of Doing Dumb Shit
Andrei Stoica added
“If you are to act in an environment where [myopic] decision-making works,” says Lieder, “people will learn to rely on that system more and more.”
Brian Christian • The Alignment Problem
A cognitive bias is a systematic way that your innate patterns of thought fall short of truth (or some other attainable goal, such as happiness).
Eliezer Yudkowsky • Rationality
There has been a growing understanding about human cognitive biases and how they can affect decision making. Many of these are systematized and explained in Daniel Kahneman’s fascinating book, Thinking, Fast and Slow.4 For senior executives the most important seem to be optimism bias, confirmation bias, and the inside-view bias.
Richard Rumelt • The Crux: How Leaders Become Strategists
It’s called the description-experience gap. In study after study, people fail to internalize numeric rules, making decisions based on things like “gut feeling” and “intuition” and “what feels right” rather than based on the data they are shown. We need to train ourselves to see the world in a probabilistic light—and even then, we often ignore the n
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