Peter Hollins

Mental Models

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    The mistake is thinking of “important” and “urgent” as synonymous and not realizing the huge gulf of difference between the two terms and how you should prioritize them. The ability to distinguish the two is a key step in lowering your anxiety, stopping procrastination, and making sure that you are acting in an optimized way.
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    Visualize all the dominoes, otherwise known as second-order thinking.
    This is simply trying to project into the future and extrapolate a range of consequences that you can use to conduct a cost-benefit analysis for your decisions or solutions
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    Just because something appears to demand a quick response doesn’t mean you should give it, and just because something is slowly ticking in the background doesn’t mean you should ignore it
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    Urgent task: These simply demand immediacy and speed, and usually come from other people.
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    Hanlon’s Razor forces you to take your offended ego out of a situation and analyze it with everyone’s best intentions in mind.
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    Empathy is a mental model in itself.
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    Relying on humans is not a smart move because humans are, by and large, careless idiots—myself absolutely included.
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    Etorre’s Observation: The other line always moves faster
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    We’re a lazy species that doesn’t want to do anymore than what is necessary at the present moment.
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    “missing the forest for the trees.”
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    Goldovsky error, and it is a type of small error that is easily spotted only by people who lack experience in a field.
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    they have the most expensive and luxurious shoes when the shoes pinch their toes to the point of bleeding with every step
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    mental shortcuts—called heuristics—that help us decode situations very quickly
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    tending toward high-quality information more than high quantities of information.
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    apophenia, which is the human tendency to see patterns and connections through random data points, usually also coinciding with too few data points.
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    the gambler’s fallacy, named for sentiments such as rolling a pair of dice and feeling that you must eventually roll a seven because it has been a while or you’re due.
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    People attempt to rationalize it after it happens.
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    you are attempting to create order in something impossible to have control over.
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    The law of diminishing returns encourages us to look for equilibrium points to accurately assess and learn information. Just like with black swan events, you can’t base your judgments off outliers or skewed information.
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    increase in resources doesn’t always correspond to an increase in the outcome you want.
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