ACTIONABLE ADVICE AND TIMELESS WISDOM
Master the best of what other people have already figured out - and improve your decision-making, thinking, learning, and living.
The key to making constant progress in life is always going to bed smarter than when you woke up. The Farnam Street channel provides a multidisciplinary education you can’t get anywhere else.
Our videos help you gain an edge and avoid mistakes with highlights from Farnam Street founder Shane Parrish - as well as world-class experts and thinkers.
You won’t find fads, sound bytes, or hacks. Instead you’ll find insights and wisdom that makes things easier, not harder.
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Reciprocity is generally thought of as true, but if you are a man and you try it out in the dating world women will rarely reciprocate. It works from male to male and female to female, but it falls apart if the relationship is male to female to female to male. Tom Sisson
First Principles Thinking: Break down problems into their fundamental components and build solutions from the ground up. Question assumptions and conventional wisdom to arrive at original insights. Holistic Thinking: Consider the interconnectedness of various factors and systems when analyzing problems or situations. Take a broad perspective and explore how different elements interact and influence each other. Divergent Thinking: Generate multiple creative solutions to a problem by exploring different perspectives, ideas, and possibilities. Embrace ambiguity and explore unconventional approaches to problem-solving. Systems Thinking: View problems as part of larger systems or networks, considering the feedback loops, dependencies, and emergent properties that shape complex phenomena. Analyze how changes in one part of the system affect the whole. Meta-Learning: Learn how to learn effectively by understanding your own learning process, identifying patterns in your learning experiences, and optimizing your learning strategies accordingly. Emphasize curiosity, experimentation, and continuous improvement. Abstraction: Simplify complex problems by identifying underlying patterns, principles, or analogies that allow you to generalize solutions across different contexts. Use abstraction to distill complex information into simpler, more manageable forms. Probabilistic Thinking: Make decisions under uncertainty by considering probabilities, risks, and potential outcomes. Use probabilistic reasoning to weigh evidence, assess uncertainty, and make informed choices. Reductive Reasoning: Break down complex problems into smaller, more manageable components and analyze each part systematically. Identify key variables, constraints, and dependencies to develop focused solutions. Empathy and Perspective-taking: Put yourself in the shoes of others and consider their perspectives, motivations, and emotions when analyzing problems or making decisions. Practice empathy to understand the needs and preferences of different stakeholders. Iterative Experimentation: Embrace a mindset of continuous experimentation and iteration, allowing yourself to test hypotheses, gather feedback, and refine your ideas through trial and error. Emphasize learning from failure and using feedback to improve your solutions over time.
Hello I am the only genius on the planet, so these models are just trying to reproduce... me. I will make it easier for you, thought experiments, being a genius is the ability to solve never before seen problems in reality. You will never be a genius if you specialise, you will become a professor, a genius is someone trying to find the answers to everything, no matter how small, it all helps the big picture. So learn, learn all that can be learned. Your brain capacity cannot handle it, it literally cannot recall everything, but if you recall even a fraction of the essence of all the useful knowledge of humanity, you will be on the path to being a genius. Your iq will need to start above 120 though. You need to be able to remember a lot... It took me 40 years to clarify the difference between smart and intelligence, up until 2019, no one on the planet knew the difference, now, you get avocado chairs... interchanging concepts. If you could see all my blogs, they are long since gone, all my pre-print papers, still there, you would gain a lot of intelligence points. Do not believe the narrative that Einstein, newton etc were genius', brilliant yes, building on prior knowledge, a genius leaves them behind. Matthew
notes: 1. Don't be scared to quit a book that you dislike reading. 2. There are four levels of reading books. (EIUM) - Reading to entertain. - Reading to inform. - Reading to understand. - Reading to master. 3. Find good books. 4. Write what you read, preferably using the Blank Sheet Method. "One of the best ways to learn is to read, the best way to learn more is to read more"
is it not Chris 'Argyris' instead of 'Agyris'?😅
Ok I subscribed. I like the message and delivery. Good job brother. Keep up the good work.
Great content!!! Thank you
Intelligent Investor by Benjamin Graham is the best book to read for investors of all levels
lol I love this
I think it doesn't works for all
Remember that these aren't universal truths. No system is perfect, there's always an inherent risk and imperfection to whatever strategy you choose to follow. There's a popular example for Occam's Razor: What is more probable, has less moving parts? a. Santa Claus is real. b. Hundreds of millions of adults are in a global conspiracy all around the world to fool their children.
You are awesome . . . I have 3 of your booksw and have subscribed to your email newsletter. Keep up the GREAT work!
For some reason honestly, I remember what I read in books more than videos. But anyways, Your book too was indeed amazing! You worth the praise! Thanks a lot!!!
Long intro of nothingness
Thanks you so much
I recall some of the models from the book 7 Habits of Highly Effective People
Have you been day drinking again
affective rippling effects an outcomes implications impact
Omg ! Never knew he had an INdian accent 😳🤓🥸
identify the variables and the range of outcomes. Create a probability distribution for the outcomes. Write down the alternatives before communicating or making the decision. Maintain a decision journal, noting your state of mind and the information available when you made the decision
Beautifully said.
People can anything with a great tone and still be great. Unbelievable
Great summary of the 3 hrs 223 minutes book.
Excellent video!
nice video, srsly!❤
these are similar to the 7 habbits by Stephen Covey....
You are wrong about conspiracies. Once an official story seems suspect and problematic, there is no need to prove every detail of a possible conspiracy to suggest that there is one, and the simplest explanation is in fact false because it doesn't account for, or casually dismisses, the indications of foul play.
Delegation and outsourcing! A tough skill that I am trying hard to master. If anyone has tips, I would love to hear them. Also, I teach a similar matrix but my axes are reversibility and impact. Same, same but different. I love a good matrix. Great stuff, Shane!
To everyone reading these comments and watching this video, you're on the right track :) When I found decision-journalling, it changed my entire approach to life. It's an amazing tool. It just takes a bit of intention to get it started. Once you have got it moving though, it puts you ahead of most people who just say YOLO and cross their fingers.
For those of you watching the video and reading these comments, you're on the right track! Journalling is one of those killer apps like excercise and sleep that are low-cost that can really change your life. I'd love to hear how you're going :)
Can we call this a latticework theory?
Great channel, but That chin is very distracting 😅
🎯 Key Takeaways for quick navigation: 00:00 🧠 *Introduction to Mental Models* - Definition of a mental model as a representation of how the world works. - Importance of mental models in simplifying complex information. - Example of individuals in a forest and the concept of sharing specialized knowledge. 01:51 🗺️ *Map is Not the Territory* - Explanation of the mental model "Map is not the territory." - Emphasis on the imperfection of maps and representations. - Caution against making decisions based solely on assumptions, maps, and summaries. 03:14 🔍 *Circle of Competence* - Definition of "Circle of Competence" and its simplicity. - Importance of evaluating decisions within one's area of expertise. - Reference to Tom Watson's quote about staying within one's spots of genius. 04:27 🔄 *Second Order Thinking* - Distinction between first and second order thinking. - The Cobra effect story illustrating the consequences of not considering second-order effects. - Encouragement to think holistically and anticipate the broader consequences of actions. 05:22 🎲 *Probabilistic Thinking* - Definition and importance of probabilistic thinking. - Example of evaluating the likelihood of a car break-in using probabilities. - Emphasis on avoiding binary thinking and considering probabilities for a more accurate understanding. 06:47 ⬆️ *Inversion* - Explanation of inversion as a thinking tool. - Importance of approaching situations by considering what might cause failure. - Reference to Charlie Munger's quote about avoiding failure spots. 07:31 🗝️ *Simplicity - Occam's Razor* - Introduction to Occam's Razor and the principle of simplicity. - Advantages of choosing simpler explanations over complex ones. - Application of Occam's Razor in various fields, including science and problem-solving. 08:57 🤔 *Hanlon's Razor* - Explanation of Hanlon's Razor and its significance. - Caution against attributing to malice what can be explained by incompetence. - Practical examples of applying Hanlon's Razor in daily life. 09:55 🔄 *Reciprocity* - Definition of reciprocity and its role in human interactions. - The principle that treating others with kindness leads to reciprocal kindness. - The importance of understanding reciprocity in building relationships. 10:26 ⚗️ *Activation Energy* - Introduction to the concept of activation energy from chemistry. - The analogy of catalysts lowering activation energy in chemical reactions. - Application of activation energy in everyday tasks and projects. Made with HARPA AI
Farnam Street is underrated. After all its not for everyone
Present government does not know how to stop the crime which are created for its (government)benefits.❤ Russian government ko information Dene k liye intelligence hai,us government se haath milakar samosa party k liye intelligence hai par desh k liye ek technology ko highlight karne ka samay nahin,wo bhi usa kar rahi hai 🙏😎❤️🙏❤️
Crime ko rokne par double ho jate hain-"moral of the story "
Excellent introduction. Phenomenal verbal, keep up the good work!
so they just throw them out instead of killing snakes no wonder how brit easily conquered them
Reciprocity - The person who originated the Golden Rule also said "Moreover, stop judging, and you will by no means be judged; and stop condemning, and you will by no means be condemned. Keep on forgiving, and you will be forgiven. Practice giving, and people will give to you. They will pour into your laps a fine measure, pressed down, shaken together, and overflowing. For with the measure that you are measuring out, they will measure out to you in return.” L6:37,38.
Giggity
A use of the activation energy model that wasn't mentioned in the video: If you are trying to end bad habits, increase the activation energy required to do that habit, while decreasing the activation energy required to do a replacement habit.
'the scientific method' is a common misleading trope. There is no 'the method' as much as 'quite a number of good methodSS that together contribute towards verifiable, replicable results ' or whatever. Minor detail? No. Try always saying 'scientific methodSS': see if then you don't feel your underlying way of thinking and confidence in what you say improving.
🎯 Key Takeaways for quick navigation: 00:00 🧠 *Mental models are tools for understanding and solving complex problems and seeing the world uniquely.* 00:13 🌐 *Mental models represent how the world works, simplifying complex realities.* 00:27 🌳 *Different professionals view the same situation (like a forest) differently, based on their mental models.* 01:24 🔧 *Learning various mental models from different disciplines expands our understanding of the world.* 01:51 🗺️ *The "Map is not the Territory" model emphasizes that representations of reality are not the reality itself.* 03:14 🎯 *"Circle of Competence" model: understanding our areas of expertise and limitations.* 04:12 🌀 *"Second Order Thinking" involves considering the broader and longer-term impacts of actions.* 05:08 🐍 *The "Cobra Effect" demonstrates the unintended consequences of not thinking ahead.* 05:37 🎲 *"Probabilistic Thinking" involves estimating the likelihood of various outcomes.* 07:02 🔍 *"Inversion" focuses on avoiding failure rather than just aiming for success.* 07:47 ✂️ *"Occam's Razor" favors simpler explanations over more complex ones.* 09:12 🤔 *"Hanlon's Razor" suggests incompetence is more likely than malice in misunderstandings.* 09:42 🔄 *"Reciprocity" posits that actions often elicit similar responses from others.* 10:12 ⚡ *"Activation Energy" in chemistry can be applied to overcoming inertia in tasks.* Made with HARPA AI
Dang rip Charlie Munger
Thank you
I think I have a insight because I did actively ( abeit I believe to be incompletely) try to be like the first part of the video said "Expand your toolkit with concepts from other disciplines" and it has been sometime and I must it does feel surreal that I can sense the similarities btw these 9 concepts or at least feel like they cross intersected somewhere, like for example the first model can be applied to all the latter models, the second razor one is just the first razor one but in a social situation, the second last is just Newton's 3rd law but abstracted, generalised and more. So my insight is in someway they are similar, connected somewhere, using together brings out the greatest value Usually I would end it there but I want add somethings: 2 mistakes I made is that assuming they are all independant and they are all related abosutely somehow, U can use the First n Fourth model to think about this, maybe also use 2nd Order thinking but more like Secondary Princinple thinking? I am not sure to think everything as a decision but it would be intresting to think such
Excellent!
Interesting!
If people listened and cared about each other, maybe we wouldn't feel the need to give excuses.
Amateurs keep going until they get it right. Professionals keep going until they can't get it wrong.
I am still unsure if people in the West have an intellectual disability or they’re just damn narrow minded and stupid by cultural design. 🤔
Odds are, you are stupid.