Mental Models Tag Archive

Authority over desires

(Excerpt from Wanting by Luke Burgis) Authoritarian regimes can only stay in existence so long as they can control what people want. We normally think of these regimes as controlling what people can and cannot do...

Mimesis Read More

Thick and Thin Desires

(Excerpt from Wanting by Luke Burgis) Thick desires are like diamonds that have been formed deep beneath the surface, nearer to the core of the Earth. Thick desires are protected from the volatility of changing...

Mimesis Read More

Our goals are chosen by our models

(Excerpt from Wanting by Luke Burgis) Most people aren’t fully responsible for choosing their own goals. People pursue the goals that are on offer to them in their system of desire. Goals are often chosen for us, by...

Mimesis Read More

People fight because they are similar

(Excerpt from Wanting by Luke Burgis) As Peter Thiel points out in Zero to One, Karl Marx and William Shakespeare had very different views about why people fight. Marx thought conflict happens because people are...

Mimesis Read More

We don’t know who are affecting what we want

(Excerpt from Wanting by Luke Burgis) rivalry is a function of proximity. When people are separated from us by enough time, space, money, or status, there is no way to compete seriously with them for the same...

Mimesis Read More

Keep losses small to tolerate poor accuracy

(Excerpt from Think & Trade Like a Champion by Mark Minervini) Most people are surprised when I tell them I would rather be able to maintain profitability at a 25 percent batting average than a 75 percent batting...

Inversion, Investing Read More

Win by not losing

(Excerpt from How to Live by Derek Sivers) For something to succeed, everything needs to go right. For something to fail, only one thing needs to go wrong. Don’t try to be more right. Just be less wrong. Avoiding...

Inversion, Life, Success Read More

Overcome the pain to get what you want

(Excerpt from How to Live by Derek Sivers) Everything good comes from some kind of pain. Muscle fatigue makes you healthy and strong. The pain of practice leads to mastery. Difficult conversations save your...

Inversion, Life, Success Read More

What’s your hotdog

(Excerpt from Rework by Jason Fried) The way to find the epicenter is to ask yourself this question: “If I took this away, would what I’m selling still exist?” A hot dog stand isn’t a hot dog stand without the...

Circle of Competence, Strategy, Via Negativa Read More

Mean reversion is the most ironclad rule in financial markets

(Excerpt from What Works In Wall Street by James P. O’Shaungnessy) The most ironclad rule I have been able to find studying masses of data on the stock market, both in the United States and developed foreign markets,...

Investing, Mean Reversion Read More