What are "Mental Models" and how they help you think better?

/ A THREAD BY 🔶WD🔶 \\
“You’ve got to have mental models in your head.”
–Charlie Munger
🔶What are the mental models?

A mental model is an explanation of how something works.
Mental models are deeply held beliefs about how the world works.
🔶Mental Models help you understand life:

Example:

🔸Supply and demand is a mental model, which helps you understand how the economy works.

🔸Game theory is a mental model that helps you understand how relationships work.
🔶Mental Models help you in decision making:

Mental models are the thinking tools that help you understand, make decisions, and solve problems.

Learning a new mental model gives you a new way to see the world.
🔶Mental Models help you think better:

The quality of our thinking is proportional to the models in our heads.

The more models you have, the bigger your TOOLBOX is.
🔶We are 1D:

Each of us sees something differently:

🔸Engineers will think in systems
🔸Biologists will think in terms of evolution
🔸Psychologists will think in terms of incentives
By putting these models together in our heads, we can see a problem, in a 3 dimensional way.

If you’re looking at a problem in 1 way, you will have a blind spot, and blind spots can make you think wrong.
🔶Expanding your set of mental models:

We should continuously upgrade our minds.

This means:

🔸Reading
🔸Understanding
🔸Learning
Your mind needs a variety of mental models to create a complete picture of how the world works.

The more sources you have, the clearer your thinking becomes.
🔶Liquid knowledge:

In school, we tend to separate knowledge:

Biology
Economics
History
Physics
Psychology

World-Class thinkers usually avoid looking at life through just one lens.
Instead, they develop a "Liquid knowledge" that flows easily from one topic to another.

It shows the importance of learning new mental models, and how they connect with each other.
🔶But you don’t need to master every detail!

If you can master the fundamentals of each model, you can have a good picture of your life.

“80 or 90 important models will carry about 90 percent of the freight in making you a worldly-wise person.”

–Charles Munger
🔶Book recommendation: “100 Mental Models”

This remarkable book talks about the most important mental models.

It helps you build a mental latticework in your head and automatically use them for the rest of your life.

👇🏻 https://gumroad.com/a/485553267/AxfYH
It includes:

🔸Book: Each model is explained in detail
🔸Cards: Summaries of each model
🔸Quotes: Sentences of great people
🔸Mental Maps: Schemes for quick reference
🔸Extras: Free additional 46 books

Get it now and start learning about the world👇🏻
https://gumroad.com/a/485553267/AxfYH
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