The Great mental model, Volume 1
Acquiring Wisdom
I believe in the discipline of mastering the best of what other people have figured out - Charlie Munger
Keeping your feet on the ground
prevent model under fit
Failures to update form interacting with reality primarily form three things:
- Not having the right perspective ( lack of right model)
- Ego induced denial
- Distance from the consequences of our decisions ( We are stupid without Skin in the game)