Mental Models
Tag Archive
To attain knowledge, add things every day. To attain wisdom, remove things every day. Lao Tzu...
February 19, 2020|
Via Negativa
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(Extracted from Flash Boys by Michael Lewis) Russians had a reputation for being the best programmers on Wall Street, and Serge thought he knew why: They had been forced to learn to program computers without the luxury...
December 16, 2019|
Constraints
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(Extracted from Built to Sell by John Warrillow) Stopping yourself from accepting projects outside of your scalable product or service is the toughest part of creating a business that can thrive without you. You will...
November 29, 2019|
Focus, Strategy
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(Extracted from Fooled by Randomness by Nassim Taleb) One of the best traders I have ever encountered in my life, Nigel Babbage, has the remarkable attribute of being completely free of any path dependence in his...
September 20, 2019|
Fallibility, Investing
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(Excerpt from Barking Up the Wrong Tree by Eric Barker) We love having choices. We hate making choices. Having choices means having possibilities. Making choices means losing possibilities. And having so many choices...
September 18, 2019|
Focus, Via Negativa
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“Any year that you don’t destroy one of your best-loved ideas is probably a wasted year.” Charlie Munger...
September 16, 2019|
Inversion
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(Extracted from Fooled by Randomness by Nassim Taleb) Another way to see the beastly aspect of schedules and rigid projections is to think in limit situations. Would you like to know with great precision the date...
September 15, 2019|
Randomness
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(Extracted from Fooled by Randomness by Nassim Taleb) Our brain is not cut out for nonlinearities. People think that if, say, two variables are causally linked, then a steady input in one variable should always...
September 15, 2019|
Investing, Nonlinearity
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(Extracted from Fooled by Randomness by Nassim Taleb) The arrangement of the letters on a typewriter is an example of the success of the least deserving method. For our typewriters have the order of the letters on...
September 15, 2019|
Path Dependence, Structure drives behaviour
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(Extracted from The Adventure of Silver Blaze on Wikipedia) Gregory: “Is there any other point to which you would wish to draw my attention?” Holmes: “To the curious incident of the dog in the night-time.”...
September 15, 2019|
Inversion
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