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
A Margin of Safety: How to Thrive in the Age of Uncertainty
jamesclear.com
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
This is what mental models are: ideas from diverse fields that can aid your life. In this sense, improving vocabulary is a meta mental model. It’s a way of finding and organising new mental models.
Neil Kakkar • Vocabulary as a Meta Mental Model
The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated (Heilbrunn Center for Graham & Dodd Investing Series)
amazon.com
Did you just multiply your hard-work with zero or added it?
abishekbabu.medium.com
A first principle is a basic assumption that cannot be deduced any further. Over two thousand years ago, Aristotle defined a first principle as “the first basis from which a thing is known.”
First principles thinking is a fancy way of saying “think like a scientist.” Scientists don’t assume anything. They start with questions like, What are we... See more
First principles thinking is a fancy way of saying “think like a scientist.” Scientists don’t assume anything. They start with questions like, What are we... See more
jamesclear.com • First Principles: Elon Musk on the Power of Thinking for Yourself
Moat:
“An intrinsic characteristic that gives the business a durable competitive advantage” - Munger