C book the great mental models
In a famous speech in the 1990s, Charlie Munger summed up this approach to practical wisdom: “Well, the first rule is that you can’t really know anything if you just remember isolated facts and try and bang ‘em back. If the facts don’t hang together on a latticework of theory, you don’t have them in a usable form. You’ve got to have models in your head. And you’ve got to array your experience both vicarious and direct on this latticework of models. You may have noticed students who just try to remember and pound back what is remembered. Well, they fail in school and in life. You’ve got to hang experience on a latticework of models in your head.”
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a latticework of theories
^latticework-of-theory
And you’ve got to array your experience both vicarious and direct on this latticework of models ^latticework
what is the general thinking concept that describes the abstraction as not being the reality?:: The map is not the territory
The map is not the territory. The abstraction is not the reality. The mental model is not reality. But maps are models with too much fidelity would need a map or model of their own. Maps and models can become stale as well
What is the general thinking concept that describes people having areas of expertise?:: Circles of competence
Location 647 The second thing Gawande took away was the ability to provide better feedback to other doctors.
What is one way to learn to give better feedback?:: Have a coach of your own
If defensiveness starts to manifest what should you do?:: remember the outcomes you are aiming for
Location 656: Talk to someone whose circle of competence in the area is strong. Take the time to do a bit of research to at least define questions you need to ask, and what information you need, to make a good decision. If you ask a person to answer the question for you, they’ll be giving you a fish. If you ask them detailed and thoughtful questions, you’ll learn how to fish. Furthermore, when you need the advice of others, especially in higher stakes situations, ask questions to probe the limits of their circles. Then ask yourself how the situation might influence the information they choose to provide you. ^ask-expert-wuestions
What is the challenge of learning the basics of an area you are not familiar with ? You will think you know more than you do
Location 692 She kept the group small so that real discussions could happen. ^3b2975
Location 733 we call them laws, or some similarly connotative word ^6540d7
OK since 754 We forget that “the worst” smashed a previous understanding of what was the worst. Therefore, we need to prepare more for the extremes allowable by physics rather than what has happened until now.
If your “whys” result in a statement of falsifiable fact, you have hit a first principle.
At 12:50 What is the basic concept behind Bayes theorem?:: that prior data matters
What is the technical name for the bell curve?:: Normal distribution
What do you call the curve where outliers are likely?:: Fat tail
What do you call relevant earlier information?:: Priors
A lot of talk about tools for thought