Deepstash brings you key ideas from the most inspiring articles like this one:
Read more efficiently
Save what inspires you
Save all ideas
With time, our brains develop clever artifices to help solve common problems. These repeated concepts are called heuristics: algorithms, procedures or rules of thumb that simplify decision making.
When we rely on heuristics for making decisions and solving problems, we save mental energy for complex or high-level decisions.
The problem with using this appears we rely too much on using our existing heuristic patterns without modifying them, because that can create a state of mental stagnation.
Mental operations are affected by mistakes such as cognitive biases, if we are not careful.
We like to be right. And to protect our desire to be right, we look for evidence that supports our ideas and ignore evidence that contradicts them.
But to construct a holistic view about anything, we have to aim to understand the big picture and be particularly critical of sources that support our beliefs.
SIMILAR ARTICLES & IDEAS:
The basic rules that we need to apply:
Hanlon’s razor is a potent mental model which can be used in any situation where our first instinct is a negative assumption. Any wrong hypothesis related to the bad intentions of others is counterproductive and can play havoc in our lives.
... and boils down to what we give up to attain something. Our mindsets are inclined towards pleasure and resistive towards pain. We normally like to think in terms of gai...
Decisions are a cost-benefit analysis of risking something small for the opportunity to gain something big.
Trade-offs are not something as simple as flipping a coin. Our values guide us towards what we want in life, and it is not the same for all. Example: Buying a house has a trade-off of mortgage for the next ten or more years. This is subjective and depends on what we value in life.
Indecisive people suffer because they don’t know their inner values and what they care about.
They are shortcut strategies that save time and effort by focusing our attention and simplifying the way we process information. The rules aren’t universal- they’re tailored to the particular si...
They guide the choice of what to do (and not do) without requiring a lot of time, analysis, or information.
They work well for categorical choices, like a judge’s yes-or-no decision on a defendant’s bail, and decisions requiring many potential opportunities to be screened quickly.
These rules also come in handy when time, convenience, and cost matter.
They rank options to help decide which of multiple paths to pursue.
They are especially powerful when applied to bottleneck activities - pinch-points in companies, where the number of opportunities swamps available resources, and prioritizing rules can ensure that these resources are deployed where they can have the greatest impact.