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THREAD: 5 powerful mental models to help you win in a competitive world.
In investing, business, startups, writing, or life...
In investing, business, startups, writing, or life...
First Principles Thinking
“The first basis from which a thing is known.”
Establish foundational truths. Build from there.
In a world of unimaginative, copycat solutions, leveraging first principles thinking is key to achieving non-linear outcomes. https://twitter.com/SahilBloom/status/1329458583537397765
“The first basis from which a thing is known.”
Establish foundational truths. Build from there.
In a world of unimaginative, copycat solutions, leveraging first principles thinking is key to achieving non-linear outcomes. https://twitter.com/SahilBloom/status/1329458583537397765
Second-Order Thinking
“And then what?”
Look past the first-order effects of a decision. Deeply examine the second, third, and N-th order effects.
It will lead to asymmetric opportunities and non-linear outcomes. https://twitter.com/SahilBloom/status/1342126994683617280
“And then what?”
Look past the first-order effects of a decision. Deeply examine the second, third, and N-th order effects.
It will lead to asymmetric opportunities and non-linear outcomes. https://twitter.com/SahilBloom/status/1342126994683617280
Circle of Competence
Know what you know and what you don’t.
Identify your circle and its boundaries. Be ruthless in protecting it.
Hint: it’s usually smaller than you think. https://twitter.com/SahilBloom/status/1346849999405993984
Know what you know and what you don’t.
Identify your circle and its boundaries. Be ruthless in protecting it.
Hint: it’s usually smaller than you think. https://twitter.com/SahilBloom/status/1346849999405993984
Occam’s Razor
Simple is beautiful.
When weighing alternative hypotheses, the one with the fewest necessary assumptions should be chosen. https://twitter.com/SahilBloom/status/1326895385445593088
Simple is beautiful.
When weighing alternative hypotheses, the one with the fewest necessary assumptions should be chosen. https://twitter.com/SahilBloom/status/1326895385445593088
Compounding
The Eighth Wonder of the World.
All of the greatest gifts in life are a direct result of compound interest.
Get it started. Do not interrupt it. Reap the rewards. https://twitter.com/SahilBloom/status/1306627924561338370
The Eighth Wonder of the World.
All of the greatest gifts in life are a direct result of compound interest.
Get it started. Do not interrupt it. Reap the rewards. https://twitter.com/SahilBloom/status/1306627924561338370
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