“ It is remarkable how much long-term advantage people like... - Deepstash

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The 5 Elements of Effective Thinking

Charlie Munger
It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”

Charlie Munger

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First-principles thinking

Breaking down complicated problems into basic elements and then reassemble them from the ground up.

It’s one of the best ways to learn to think for yourself, unlock your creative potential, and move from linear to non-linear results.

This approach was used by the philosopher Aristotle and is used now by Elon Musk and Charlie Munger. 

A first principle

...is a foundational proposition or assumption that stands alone. We cannot deduce first principles from any other proposition or assumption.

Reasoning by first principles removes the impurity of assumptions and conventions. What remains is the essentials. 

Cutting through the dogma

If we never learn to take something apart, test the assumptions, and reconstruct it, we end up trapped in what other people tell us.

We remain trapped in the way things have always been done. When the environment changes, we just continue as if things were the same.

Curiosity leads us to generate alternatives
Curiosity leads us to generate alternatives

When our curiosity is triggered, we are less likely to fall prey to confirmation bias (looking for information that supports our beliefs rather than for evidence suggesting we are wrong) and to stereotyping people (making broad judgments).

Curiosity and innovation

Encouraging people to be curious generates workplace improvements.

When we are curious, we view tough situations more creatively. Studies have found that curiosity is associated with less defensive reactions to stress and less aggressive reactions to provocation.

Reduced group conflict

Curiosity encourages members of a group to put themselves in one another’s shoes and take an interest in one another’s ideas rather than focus only on their own perspective.

Thus, conflicts are less heated, and groups achieve better results.

Live a 24-Hour Life
Live a 24-Hour Life

We, humans, want pleasure and results as soon as possible. We start taking action, but it often happens that we fall off the wagon because we don’t see results that fast.

From then on, every morning you wake up, you should focus on the day ahead of you, to take action towards your goal(s), and achieve incremental progress.

Commit to Your Health

To increase the level of your health, and by default the level of productivity, because you will be more energetic and focused:

  • Get enough sleep
  • Create a healthy diet for yourself
  • Move more.
Develop a Morning Routine

A morning routine aims to make you alert, help you take care of your health, intellectual and spiritual growth. Develop 2 types of habits:

  • Habits that can improve the quality of your life in the present
  • Habits that can improve the quality of your life in the future

Ideally, you should focus to form habits that give you both — such as exercising.