Decision Making - nisengwe's notes

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Decision Making

A collection of 7 posts

Clear Thinking - Quotes | Shane Parrish - Part 3

Clear Thinking - Quotes | Shane Parrish - Part 3

Part three of notes/quotes from Clear Thinking by Shane Parrish: * Definition principle: Take responsibility for defining the problem. Don't let someone define it for you. Do the work to understand it. Don’t use jargon to describe or explain it. * The root cause principle: identify the root

Clear Thinking - Quotes | Shane Parrish - Part 2

Clear Thinking - Quotes | Shane Parrish - Part 2

* Part 2 of quotes from Clear Thinking by Shane Parrish: * Doing something different means you might underperform, but also means you might change the game entirely. * If you do what everyone else does you get the same results that everyone else gets. Best practices aren’t always the best, by

Clear Thinking - Quotes | Shane Parrish - Part 1

Clear Thinking - Quotes | Shane Parrish - Part 1

Here’s part of quotes from Shane Parrish’s Clear Thinking: * Results are a function of position. You don’t need to be smarter than others to outperform them if you can out-position them. * Working with a master firsthand is the best education; it’s the surest way of raising

Hanlon’s Razor

When something bad happens, we are more likely to assume malice than error. We think someone has been planning on doing us bad even when it’s just a simple mistake. When someone cuts us in the traffic, we are more likely to think them as bad people even when

Occam’s Razor — Simple Is Better

Decision Making

Occam’s Razor — Simple Is Better

One of the mental frameworks discussed in the first volume of the Great Mental Models by Shane Parrish and the Farnam Street team is Occam’s razor. The essence of Occam’s razor is that simpler explanations are more likely to be true than complicated ones. This classic approach of

Second-Order Thinking

Second-Order Thinking

Second-order thinking is one of the mental models for improved decision-making. This framework refers to the practice of thinking of thinking beyond direct and immediate consequences of our decisions or actions. It involves a consideration for the possible second-order repercussions or effects of our actions. In other words, it prompts

Inversion: A Framework To Improve Decision-Making

Inversion: A Framework To Improve Decision-Making

One of the mental models that can improve one’s decision-making is the inversion framework. As a mental model, inversion refers to a framework of thinking about problems in reverse. That is, it encourages considering what would happen (or the counterfactual), if we did the opposite of what we are