Better Thinking
Mastering the Mental Model of Probabilistic Rea...
Probabilistic reasoning is a mental model that assists us to make better decisions in life. It's based on the idea that nothing can be 100% certain, and our ability to...
Mastering the Mental Model of Probabilistic Rea...
Probabilistic reasoning is a mental model that assists us to make better decisions in life. It's based on the idea that nothing can be 100% certain, and our ability to...
Breaking Down Expectation Bias
Have you ever found yourself making assumptions about a situation before actually experiencing it? That's expectation bias at play. It's a cognitive bias that affects our decision-making and perception of...
Breaking Down Expectation Bias
Have you ever found yourself making assumptions about a situation before actually experiencing it? That's expectation bias at play. It's a cognitive bias that affects our decision-making and perception of...
Perverse Incentives: What they, examples, and h...
Have you ever been incentivized to do something that, in hindsight, turned out to be counterproductive? This is what we call a perverse incentive. It happens when the reward or...
Perverse Incentives: What they, examples, and h...
Have you ever been incentivized to do something that, in hindsight, turned out to be counterproductive? This is what we call a perverse incentive. It happens when the reward or...
The Margin of Safety: Seth Klarman's Investment...
In the vast universe of investment strategies, few concepts have garnered as much respect and attention as the "margin of safety." This principle, deeply rooted in the value investing philosophy,...
The Margin of Safety: Seth Klarman's Investment...
In the vast universe of investment strategies, few concepts have garnered as much respect and attention as the "margin of safety." This principle, deeply rooted in the value investing philosophy,...
Charlie Munger Incentives
Charlie Munger is a well-known value investor and the vice chairman of Berkshire Hathaway. He is also known for his development of mental models, which are frameworks that help people...
Charlie Munger Incentives
Charlie Munger is a well-known value investor and the vice chairman of Berkshire Hathaway. He is also known for his development of mental models, which are frameworks that help people...
Charlie Munger Book Recommendations
Charlie Munger Book Recommendations Investing legend Charlie Munger is a voracious reader. He cites books from a range of disciplines, including physics, sociology, history, ethics and theology. He emphasizes the...
Charlie Munger Book Recommendations
Charlie Munger Book Recommendations Investing legend Charlie Munger is a voracious reader. He cites books from a range of disciplines, including physics, sociology, history, ethics and theology. He emphasizes the...
