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Conducting market research
Analyzing data to make informed decisions
Developing a product roadmap
"To achieve 'worldly wisdom', you must build a latticework of mental models that unite all the big ideas in the world."
- Charlie Munger
80
456 reads
MORE IDEAS ON THIS
100
514 reads
"You are neither right or wrong because the crowd disagrees with you. You are right because your data & reasoning are right."
- Benjamin Graham
85
451 reads
Buffett's mindset is key to his excellence as an investor and philanthropist. Here's what we can learn from him:
108
555 reads
"It is not enough to have good intelligence. The principal thing is to apply it well."
- Rene Descartes
89
669 reads
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There are two key components to form an effective latticework that allows you to think faster and more clearly.
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 ...
Charlie Munger once commented that "in order to disagree with somebody you must first understand their argument better than they do."
The most common way people lose money is to overestimate how clever they are and how much they know. Even after a fifty-year investing career, both...
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