Both quantity and quality of data is important. Look further than summarized information and analyse the underlying data
First principles are the fundamental building blocks in thinking and decision-making. These are core elements that are true regardless of situation and context.
Once you have a good set of first principles, you then have the elements that you need to start creating new options and new solutions that you can be confident in
Analyse the data and understand the difference between facts and assumptions made from Data. Assumptions should never be treated as facts.
Thinking in terms of models or analogies, can be useful for simplifying a situation and quickly finding alternatives and strategies.
Models can help you quickly generate insights and strategies
Testing and validating assumptions is crucial as an unchecked wrong assumption can lead to poor thinking and bad decision-making.
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