The Best Mental Models

You may have noticed students who just try to remember and pound back what is remembered. Well, they fail in school and in life. You've got to hang experience on a latticework of models in your head. What are the models? Well, the first rule is that you've got to have multiple models— because if you just have one or two that you're using, the... See more

Charlie Munger • A Lesson On Elementary, Worldly Wisdom As It Relates To Investment Management & Business – Charles Munger, USC Business School, 1994

People who learn to extract the key ideas from new material and organize them into a mental model and connect that model to prior knowledge show an advantage in learning complex mastery. A mental model is a mental representation of some external reality.

Henry L. Roediger III • Make It Stick

The Circle of Competence is a mental model that involves developing a knowledge of what specific areas an individual has an understanding of or experience in. Everyone has built up useful knowledge in some area of the world. By realizing where your strengths lie, you can determine the areas where you have very little familiarity and avoid them to... See more

What is the Circle of Competence and How Do You Find Yours? | MyWallSt

8 mental model design heuristics

Caleb Furlough uxdesign.cc

Lindy Effect: "If a book has been in print for forty years, I can expect it to be in print for another forty years. But, and that is the main difference, if it survives another decade, then it will be expected to be in print another fifty years.”

The Second-Order Thinking Mental Model

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Rather than focusing on having a brilliant day, why not consider what a crap day would look like and avoid that? It will likely be easier and will achieve similar results. Or, as Charles Munger pointed out: "It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very... See more

Inversion