Map Is Not Territory

Crony beliefs vs merit beliefs

(Excerpt from Crony Beliefs by Kevin Simler) I contend that the best way to understand all the crazy beliefs out there — aliens, conspiracies, and all the rest — is to analyze them as crony beliefs. Beliefs that...

January 1, 2021| Map Is Not Territory, Structure drives behaviour Read More

Know when your maps are not useful

(Excerpt from The Great Mental Models Volume 1: General Thinking Concepts by Shane Parrish) But what physicists do so well, and most of us do so poorly, is that they carefully delimit what Newtonian and Einsteinian...

August 11, 2020| Circle of Competence, Fallibility, Map Is Not Territory, Structure drives behaviour Read More

Maps need updating

(Excerpt from The Great Mental Models Volume 1: General Thinking Concepts by Shane Parrish) We create static rules or policies that deal with the map but forget that we exist in a constantly changing world. When we...

August 11, 2020| Fallibility, Map Is Not Territory, Structure drives behaviour Read More

News are abstractions of reality

(Excerpt from The Great Mental Models Volume 1: General Thinking Concepts by Shane Parrish) The truth is, the only way we can navigate the complexity of reality is through some sort of abstraction. When we read the...

August 11, 2020| Map Is Not Territory Read More

Investing strategies need to evolve

(Excerpt from Keep Running! By Morgan Housel) In his book Investing, Robert Hagstrom wrote about strategies that once worked but eventually withered: In the 1930s and 1940s, the discount-to-hard-book-value strategy...

July 31, 2020| Adaptability, Investing, Map Is Not Territory Read More

↑