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“All the wisdom of the world is not to be found in one little academic department.”
CHARLIE MUNGER
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Each individual mental model is just one view of reality. The challenges and situations we face in life cannot be entirely explained by one field or industry.
All perspectives hold some truth. None of them contain the complete truth.
A mental model is an explanation of how something works. They are beliefs, worldviews or frameworks of thinking. You carry a certain kind of thinking in you to arrive at a solution to a problem.
Some examples:
- Demand and Supply: to understand the economy
- Game Theory: ...
Mental models are the various thinking frameworks that are used to understand life, make decisions, and solve problems.
Just raw intelligence is not enough to solve problems. A different or a broader set of mental models can provide a different view of the problem, leading to an unconventio...
Develop "liquid knowledge" that flows easily from one topic to the next.
Instead of separating knowledge into different sections, isolating it, we are better off expanding, merging and liquefying the knowledge.
You don't need to master every detail of every subject to become a world-class thinker.
If you can master the fundamentals of each discipline, then you can develop a remarkably accurate and useful picture of life.
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We often make the mistake of thinking that people with high IQs think better. But it's not true. That's not the type of knowledge or brainpower that makes you better at life, happier, or more successful.
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“What Sherlock Holmes offers isn’t just a way of solving a crime. It is an entire way of thinking."
"Holmes provides... an education in improving our faculty of mindful thought and in using it in order to accomplish more, think better, and decide more optimally." - Elle...
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When polarizing topics are discussed in meetings, it can turn into a fight. In these conflicts, where passions run high, people tend to confuse correlation with causation while determining the reason for the problem, or can have hindsight bias. They can also create evidence out of nothing or ass...
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