Lattice energy equation explained2/17/2024 In doing so, they can open up new avenues for inquiry and exploration. Thought experiments can be defined as “devices of the imagination used to investigate the nature of things.” Many disciplines, such as philosophy and physics, make use of thought experiments to examine what can be known. If you know the first principles of something, you can build the rest of your knowledge around them to produce something new. Sometimes called reasoning from first principles, it’s a tool to help clarify complicated problems by separating the underlying ideas or facts from any assumptions based on them. Understanding your circle of competence improves decision-making and outcomes.įirst-principles thinking is one of the best ways to reverse-engineer complicated situations and unleash creative possibility. When you are honest about where your knowledge is lacking, you know where you are vulnerable and where you can improve. If you know what you understand, you know where you have an edge over others. When ego and not competence drive what we undertake, we have massive blind spots. This is important to keep in mind as we think through problems and make better decisions. A map can also be a snapshot of a point in time, representing something that no longer exists. If a map were to represent the territory with perfect fidelity, it would no longer be a reduction and thus would no longer be useful to us. That’s because they are reductions of what they represent. Here are the big ideas that can help you make better decisions, avoid problems, and spot opportunities others miss. That’s why we created The Great Mental Models project. Just because our teachers didn’t show us how to use the big ideas from all the disciplines in life and business doesn’t mean we can’t learn them ourselves. In the real world, everything is connected like a latticework. Understanding these insights helps you outperform. Kinetic energy teaches us that velocity matters more than mass when creating a force. Velocity teaches us that speed and direction matter. For example, business professors won’t discuss physics in their lectures, but they should. The world is not divided into distinct disciplines. ![]() Wisdom is knowing the consequences of your actions, which comes from the alignment between facts and reasoning. The people that do that fail at work and fail in life. Worldly wisdom is not simply memorizing things and repeating them back. Charlie munger A Latticework of Mental Models You’ve got to have models in your head and you’ve got to array you experience – both vicarious and direct – onto this latticework of mental models. Let’s take a look at the best general models. Understanding them positions you to make fewer errors, see things others miss, and take better actions. While there are a lot of specific mental models, only a handful of general ones come from the big disciplines. Looking through them both reveals more than each one individually. Looking through one lens lets you see one thing, and looking through another reveals something different. Each lens offers a different perspective, revealing new information. Think of each model as a lens through which you can see the world. Just as knowing where to stand can turn a good photo into a great one, changing your perspective on a situation reveals critical information and offers new solutions. The best way to reduce our blind spots is to change our perspective. You’d play your hand perfectly in a poker game where you could see everyone’s cards. If you had perfect information, you would always make the best decision. The source of all poor choices is blind spots. ![]() In life and business, the person with the fewest blind spots wins. Relativity is a mental model that shows us we have blind spots and how a different perspective can reveal new information. Margin of Safety is a mental model that helps you understand that things don’t always go as planned. Reciprocity is a mental model that helps you understand how going positive and going first gets the world to do most of the work for you. For example, velocity is a mental model that helps you understand that both speed and direction matter. Mental models help us understand the world. Models concentrate the world into understandable and useable chunks. Like a map, mental models reveal key information while ignoring irrelevant details. Any idea, belief, or concept can be distilled down. A mental model is a compression of how something works.
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