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Latticework is similar to the prism of a kaleidoscope. If you only have one bead in your kaleidoscope, everything looks the same. The more beads you add, the more images you see with each turn. You can look at the same objects, but see it in many different ways.
Charley Munger and Warren Buffett are so successful because when they consider investing in a company, they slowly turn their kaleidoscopes and see many different images, angles, opportunities, and risks. The outcome is powerful. They can look at the same reality as everyone else, but identify opportunities and threats that others miss.
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"Well, the first rule is that you can’t really know anything if you just remember isolated facts and try and bang ’em back. If the facts don’t hang together on a latticework of theory, you don’t have them in a usable form."
Historically, power was mostly about controlling access to information. However, the internet has leveled that field. A Google search result can show you the same thing as a CEO. Credentials are devaluing. MIT, Stanford, and other universities share many of their classes online f...
There are two key components to form an effective latticework that allows you to think faster and more clearly.
For every question, there is an answer. For every problem, there is a solution. For everything else, there is an explanation.
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