Mental models are high level representations of how thing work.
They help you think effectively and thus are fully aligned with the objectives and purpose of this site.
According to Charlie Munger:
Munger is referring here to mental models.
Two broad categories of mental models that are particularly useful are those that help us understand how:
[1] The world works and thus to predict the future.
[2] To see connections and opportunities
Our world is multi-dimensional and our problems are complex. Most problems cannot be solved using one model alone, thus it follows that the more models you have in the toolkit, the better equipped you will be to solve your problems because you can look at the problem from a variety of perspectives and increase the odds that you will come to a better solution.
But if you don’t have the models, you become the proverbial man with a hammer to whom every problem looks like a nail.
Another important
consideration is how you prioritise your learning. Trying to keep
up-to-date with all the latest information will lead to us chasing our
tails, therefore Charlie Munger says that we should focus on things that
change slowly:
“You don’t have to know everything. A few really big ideas carry most of the freight.”
"It’s kind of fun to sit there and out-think people who are way smarter than you are because you’ve trained yourself to be more objective and more multidisciplinary. Furthermore, there is a lot of money in it, as I can testify from my own personal experience."
Charlie Munger: Adding Mental Tools to Your Toolbox
How To Prioritise Learning Mental Models
Further reading:
In the words of Charlie Munger:
The purpose of this site is to show you how to cope in tough times, and
to provide you with the tools to do this successfully. Mental models are
an integral part of all this. Here is how it all hangs together. Mental Models: The Best Way to Make Intelligent Decisions (109 Models Explained)
Mental Models - General Thinking Concepts What Is Truth - How To Tell A Partial Truth From The Whole Truth? The Power Of Opposite Thinking Iatrogenics - "Do Something Syndrome" How To Make Better Decisions - By Avoiding The Narrative Trap Mental Models - Human Nature Why You Should Embrace Anomalies Mental Models - Productive Thinking Applied Rationality and The Scout Mindset Less Is More - Subtractive Solutions The Challenges Of The Road Less Traveled Mental Models - Physics, Chemistry & Biology Food For Thought: Using Models to Stay Calm in Charged Situations Return from "Mental Models" to: How To ThinkHow Do Mental Models Align With The Themes Of This Site?
FULL LISTING - Mental Models
Mental Models - Resources
Mental Models - Systems
Mental Models - Numeracy
LATEST ARTICLES
Drop The Story - Deal With Your Demons and Transform Your Experience
Are you living your life from the stories you tell yourself? Learning how to drop the story and deal with that voice in your head can be a game changer. When you can do this you will have a powerful t…
Standing In The Gap Between No Longer And Not Yet
Standing In The Gap In Conditions Of Imposed Change. This is about imposed change and surviving a dire and desperate situation where you are stuck in a difficult or seemingly impossible set of circums…
Preparing The Ground - For Things You Can Not See
We plough the fields and scatter the good seed on the ground. The phrase "preparing the ground" is a metaphor for making the necessary preparations to create the favourable conditions for something to…
Easing The Weight Of Expectation
Don’t you often feel like you are carrying the weight of the world on your back? Our start point is understanding that the ego has a very clear idea of how things ought to be, and its intention and ex…
Coram Deo - Living In Consciousness
In you there is a dimension of consciousness far deeper than thought. It is the very essence of who you are. Coram Deo is about living in consciousness. It is a Latin phrase which literally means “to…
The Power Of Patience - Why You Need The World's Toughest Quality
Nothing in the world can take the place of patience. Patience and persistence are omnipotent. In everyday life, patience is often overshadowed by the desire for immediate results. We live in an era of…
Demonizing The Other and Personal Acts Of Compassion
What Does Demonizing The Other Mean? Demonizing the other refers to the act of portraying a group of people or an individual as inherently evil, threatening, or inferior. It often serves to justify di…
Why You Should Embrace Anomalies - The Incredible Value Of Disconfirming Evidence
Is Your Desire To Be Right Greater Than Your Desire To Have Been Right? An anomaly is a deviation from what is expected or commonly regarded as the norm. It often appears as an unexpected observation…
Amazing Grace - The Majesty And The Mercy of Freedom From Your Pain
"I once was lost, but now I am found, was blind, but now I see." The hymn and popular song "Amazing Grace" was written 250 years ago by John Newton, a former slave trader who in 1748 nearly died in a…
The Transformative Power Of Acceptance
Experience The Power Of Acceptance. This website contains about 500,000 words. You could read every single word and it wouldn't make any real difference to you. You might become better informed, but t…