🧠 Models of wisdom
#111 | Revisiting our favorite mental models
Hey folks👋
Welcome to Wisdom Letter #111.
This email will take less than 2 minutes.
Today we are revisiting some of our favorite mental models that we’ve written about over the years.
Models that will help you think better, live better!
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Now, let’s go👇
Mental Models Basics
Start with the simplest explanation of mental models out there -
Mental models are incomplete without an understanding of cognitive biases -
Specifics into mental models
Compounding - Why Compounding Works And How Can We Use It In Our Life? (The Mental Model From Compound Interest)
The 80/20 rule - How To Figure Out The 20% Effort That Will Give You 80% Results | Applying Pareto’s Principle
Hanlon’s Razor - What Is Hanlon’s Razor And How Can You Use It (With Examples!)
Sunk Costs Fallacy - Do You Fall for Sunk Costs? Few Easy Ways to Tackle Them
The Narrative Fallacy - Know your narratives
Mind vs Brain
Our general thesis on mental models and cognitive biases - Mind vs Brain. (Inspired by the 2 systems of thinking from the book thinking fast and slow)
📂 From the archives
This week, that year -
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See you next week.
Cheers,
Ayush & Aditi