The Best Mental Models
It’s crucial for us to understand as many mental models as possible. As the adage goes, a little knowledge can be dangerous and creates more problems than total ignorance. No single model is universally applicable – we find exceptions for nearly everything. Even hardcore physics has not been totally solved.
Farnam Street • All Models Are Wrong
Mental Models: The Best Way to Make Intelligent Decisions (~100 Models Explained)
Farnam Streetfs.blog
At its core, Occam’s Razor is a principle that suggests that when faced with competing explanations for an event or occurrence, you should select the explanation that makes the fewest number of assumptions.
Occam's Razor: The Atomic Mental Model - Sketchy Ideas %
The First Principles Method Explained by Elon Musk
youtu.beMoat:
“An intrinsic characteristic that gives the business a durable competitive advantage” - Munger
The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated (Heilbrunn Center for Graham & Dodd Investing Series)
amazon.com
A Margin of Safety: How to Thrive in the Age of Uncertainty
jamesclear.com
The map is not the territory is a mental model that reminds us not to confuse a model of a situation with the situation itself.
Your Innovator’s Toolkit: The map is not the territory
If you don't have the underlying experience, then it just reads like a collection of quotes. It's cool, it's inspirational for a moment, maybe you'll make a nice poster out of it. But then you forget it and move on. Mental models are really just compact ways for you to recall your own knowledge.