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    Explore "mental models" with insightful episodes like "TIP598: A Tribute to Charlie Munger", "TIP597: Darwin's Investing Lessons w/ Kyle Grieve", "#695: Shane Parrish on Wisdom from Warren Buffett, Rules for Better Thinking, How to Reduce Blind Spots, The Dangers of Mental Models, and More", "BTC132: Mental Models For Understanding Bitcoin w/ Anil Patel (Bitcoin Podcast)" and "TIP554: Mental Models for Successful Investing w/ John Jennings" from podcasts like ""We Study Billionaires - The Investor’s Podcast Network", "We Study Billionaires - The Investor’s Podcast Network", "The Tim Ferriss Show", "We Study Billionaires - The Investor’s Podcast Network" and "We Study Billionaires - The Investor’s Podcast Network"" and more!

    Episodes (16)

    TIP598: A Tribute to Charlie Munger

    TIP598: A Tribute to Charlie Munger
    On today’s episode, Clay shares a tribute to Charlie Munger since we just crossed what would have been his 100th birthday on January 1st, 2024.  Charlie Munger was vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett. Buffett described Munger as his closest partner and right-hand man. At the time of his death, Munger had an estimated net worth of $2.6 billion.  Charlie has had an enormous impact on the value-investing community, and this episode is dedicated to him to honor his contributions to the community and his worldly wisdom. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro. 02:11 - The importance of simplicity in investing and life. 03:17 - The three foundational principles to how Buffett and Munger invest. 08:27 - Why Charlie focused on minimizing standard stupidities to win in life. 14:37 - Munger’s lessons on living a meaningful and fulfilling life. 20:02 - How Munger used his setbacks in life as opportunities to learn and grow as an individual. 23:43 - Munger’s thoughts on the shortcomings of GAAP accounting. 26:23 - The tremendous importance of incentives. 33:26 - How Charlie helped Warren Buffett become a better investor. 42:48 - An overview of Charlie’s investment in Costco and his admiration for the business. 52:12 - The top investment lessons from studying Charlie Munger. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Check out What I Learned About Investing From Darwin. Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com. William Green’s podcast interview with Mohnish Pabrai, Tom Gayner, Joel Greenblatt, & Chris Davis. | Youtube Video.  Related Episode - TIP494: The Worldly Wisdom of Charlie Munger | YouTube Video.  Related Episode - TIP571: Charlie Munger & The Psychology of Human Misjudgment. | YouTube Video.  Related Episode - TIP492: The Best Investor You've Never Heard Of (Nick Sleep) | YouTube Video.  Related Episode - TIP569: An Investor's Guide to Clear Thinking w/ Chris Mayer. | YouTube Video.  Follow Clay on Twitter. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Linkedin Marketing Solutions Fidelity Efani Shopify NDTCO Fundrise Wise NetSuite TurboTax Vacasa NerdWallet Babbel HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices

    TIP597: Darwin's Investing Lessons w/ Kyle Grieve

    TIP597: Darwin's Investing Lessons w/ Kyle Grieve
    On today’s episode, Kyle shares the lessons he learned from reading What I Learned About Investing From Darwin by Pulak Prasad.  The book is authored by Pulak Prasad, an investor out of India who helps run Nalanda Capital. From 2007 to 2022, they compounded their capital at 19% per annum turning 1 rupee into 13.8 rupees during that time sample!! But more important than their track record is the unique ways they run their fund. The book illuminates 3 key principles that Nalanda uses for its investing framework:  1. Avoid big risks. 2. Buy high-quality at a fair price. 3. Don’t be lazy – be very lazy. To help readers understand why he invests this way he dives deep into many of Darwin’s principles to help you understand their potential power in investing. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 20:26 - What a cheetah can teach you about risk 24:33 - Why you should be more focused on risk than returns 25:40 - How things in nature and investing mostly stay the same 27:42 - Some interesting data on why great companies remain great, and poor companies remain mediocre 28:29 - What a Russian scientist can teach us about the power of focusing on one investing metric to help identify wonderful businesses 34:58 - The importance of robustness in nature, and why you should search for the same attribute in business 37:00 - How to identify businesses that can evolve in a fast-changing world and remain on top 43:01 - What guppies can teach us about honest and dishonest signaling 46:06 - Why we should prioritize the past over making bold predictions 48:11 - How to invest without ever doing a discounted cash flow ever again 51:05 - What bear teeth and finches can teach us about the importance of avoiding noise 55:20 - How to use the presence of noise as an opportunity to outperform Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Check out What I Learned About Investing From Darwin. Learn more about the Berkshire Summit by clicking here or emailing Clay at clay@theinvestorspodcast.com. Follow Kyle on Twitter and LinkedIn. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Linkedin Marketing Solutions Fidelity Efani Shopify NDTCO Fundrise Wise NetSuite TurboTax Vacasa NerdWallet Babbel HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices

    #695: Shane Parrish on Wisdom from Warren Buffett, Rules for Better Thinking, How to Reduce Blind Spots, The Dangers of Mental Models, and More

    #695: Shane Parrish on Wisdom from Warren Buffett, Rules for Better Thinking, How to Reduce Blind Spots, The Dangers of Mental Models, and More

    Brought to you by Momentous high-quality supplements, Eight Sleep’s Pod Cover sleeping solution for dynamic cooling and heating, and AG1 all-in-one nutritional supplement.

    Shane Parrish (@ShaneAParrish) is the entrepreneur and wisdom seeker behind Farnam Street and the host of The Knowledge Project podcast, where he focuses on mastering the best of what other people have already figured out. Shane's popular online course, Decision by Design, has helped thousands of executives, leaders, and managers around the world learn the repeatable behaviors that improve results. His work has been featured in nearly every major publication, including The New York Times, The Wall Street Journal, and Forbes.

    Shane is the author of Clear Thinking: Turning Ordinary Moments into Extraordinary Results.

    Please enjoy!

    This episode is brought to you by AG1! I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG1 further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. 

    Right now, you’ll get a 1-year supply of Vitamin D free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit DrinkAG1.com/Tim to claim this special offer today and receive your 1-year supply of Vitamin D (and 5 free AG1 travel packs) with your first subscription purchase! That’s up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive daily, foundational nutrition supplement that supports whole-body health.

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    This episode is also brought to you by Eight Sleep! Eight Sleep’s Pod Cover is the easiest and fastest way to sleep at the perfect temperature. It pairs dynamic cooling and heating with biometric tracking to offer the most advanced (and user-friendly) solution on the market. Simply add the Pod Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. It also splits your bed in half, so your partner can choose a totally different temperature.

    Go to EightSleep.com/Tim and save $250 on the Eight Sleep Pod Cover. Eight Sleep currently ships within the USA, Canada, the UK, select countries in the EU, and Australia.

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    This episode is also brought to you by Momentous high-quality supplements! Momentous offers high-quality supplements and products across a broad spectrum of categories, and I’ve been testing their products for months now. I’ve been using their magnesium threonate, apigenin, and L-theanine daily, all of which have helped me improve the onset, quality, and duration of my sleep. The Momentous Sleep Pack conveniently delivers all three in one single blend. I’ve also been using Momentous creatine, and while it certainly helps physical performance, including poundage or wattage in sports, I use it primarily for mental performance (short-term memory, etc.).

    Their products are third-party tested (Informed-Sport and/or NSF certified), so you can trust that what is on the label is in the bottle and nothing else. If you want to try Momentous for yourself, you can use code Tim for 20% off your one-time purchase at LiveMomentous.com/Tim. And not to worry, my non-US friends, Momentous ships internationally and has you covered. 

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    [05:43] The Stopwatch Gang influences a D student.

    [10:54] How a low-grade troublemaker gets vetted for an intelligence job.

    [17:23] The impact of frequent relocation on a child.

    [21:33] The benefits of a challenging education (once the tears dry up).

    [31:09] From 68131-1440.blogger dot com to Farnam Street.

    [36:10] An early exploration of cognitive biases.

    [39:39] "Ordinary moments determine your position, and your position determines your options."

    [45:55] Incisive, deliberate decision-makers.

    [47:44] Defining mental models.

    [50:47] The declaration of platform independence.

    [52:50] A Farnam Street business breakdown.

    [56:05] Scrutinizing the problem statement.

    [1:03:12] The power of asking "And then what?"

    [1:05:26] Setting yourself up for success with automatic rules.

    [1:21:31] Doubling down on email and the evergreen.

    [1:28:05] Investing with the benefit of deal flow.

    [1:32:41] Thoughts on index fund investment.

    [1:34:58] Factoring sleep into opportunity cost.

    [1:43:33] How to make better decisions.

    [1:48:10] Why should we write in the age of AI?

    [1:52:08] Parting thoughts.

    *

    For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.

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    Past guests on The Tim Ferriss Show include Jerry SeinfeldHugh JackmanDr. Jane GoodallLeBron JamesKevin HartDoris Kearns GoodwinJamie FoxxMatthew McConaugheyEsther PerelElizabeth GilbertTerry CrewsSiaYuval Noah HarariMalcolm GladwellMadeleine AlbrightCheryl StrayedJim CollinsMary Karr, Maria PopovaSam HarrisMichael PhelpsBob IgerEdward NortonArnold SchwarzeneggerNeil StraussKen BurnsMaria SharapovaMarc AndreessenNeil GaimanNeil de Grasse TysonJocko WillinkDaniel EkKelly SlaterDr. Peter AttiaSeth GodinHoward MarksDr. Brené BrownEric SchmidtMichael LewisJoe GebbiaMichael PollanDr. Jordan PetersonVince VaughnBrian KoppelmanRamit SethiDax ShepardTony RobbinsJim DethmerDan HarrisRay DalioNaval RavikantVitalik ButerinElizabeth LesserAmanda PalmerKatie HaunSir Richard BransonChuck PalahniukArianna HuffingtonReid HoffmanBill BurrWhitney CummingsRick RubinDr. Vivek MurthyDarren AronofskyMargaret AtwoodMark ZuckerbergPeter ThielDr. Gabor MatéAnne LamottSarah SilvermanDr. Andrew Huberman, and many more.

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    BTC132: Mental Models For Understanding Bitcoin w/ Anil Patel (Bitcoin Podcast)

    BTC132: Mental Models For Understanding Bitcoin w/ Anil Patel (Bitcoin Podcast)
    Anil Patel talks about his new book, The Bitcoin Handbook. There are many different fields of study Bitcoin touches that it can be difficult for people to grasp all the complexity in harmonizing concepts that are happening on this protocol. In this interview, Anil went on an intellectual journey simplifying and stitching it all together. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 01:15 - What was Anil trying to accomplish with the book? 06:59 - Of all the mental models and paradoxes mentioned in the book, what does Anil find the most profound? 12:22 - What is Jevon's Paradox? 23:39 - Network Effects. 29:52 - Reflexivity and how it applies to Bitcoin. 32:56 - Why are the laws of Thermodynamics important? 38:25 - Gall's Law. 43:44 - What is the intransigent minority and why is it important 53:31 - What is something the Bitcoin community could do better? 57:50 - Anil's favorite books. 01:00:09 - Why is it hard to be a Bitcoiner? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Anil's Twitter. Anil's book, The Bitcoin Handbook. How Innovation Works by Matt Ridley. Energy and Civilization: A History by Vaclav Smil. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: River Toyota Linkedin Marketing Solutions Fidelity Efani Shopify NDTCO Fundrise Wise NetSuite TurboTax Vacasa NerdWallet Babbel Learn more about your ad choices. Visit megaphone.fm/adchoices

    TIP554: Mental Models for Successful Investing w/ John Jennings

    TIP554: Mental Models for Successful Investing w/ John Jennings
    On today’s episode, Clay chats with John Jennings about his new book - The Uncertainty Solution.  John Jennings is President and Chief Strategist of St. Louis Trust & Family Office, which has $12 billion dollars in assets under management. He is also a member of the firm’s Management Committee, on its Board of Directors, and also serves on the Investment, Risk Management, and Trust Committees. John works closely with client families, advising them in all areas of wealth management. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro. 01:38 - Why humans are hard-wired to avoid uncertainty. 06:40 - Mental models we can use to invest more intelligently. 10:08 - How humans tend to react when faced with uncertainty. 16:56 - Why we are wired to quickly come to conclusions and tend to confuse correlation with causation. 27:17 - How the improbable is much more probable than we might expect. 32:13 - Why the economy is not directly correlated with the stock market. 47:51 - Where investing falls on Michael Maubbousin’s Skill vs Luck continuum. 1:00:53 - How behavior biases like loss aversion and overconfidence affect our investment decisions. 1:06:14 - How storytelling can trick us into making poor investment decisions. 1:10:13 - What base rates are and understanding base rates can help us make more intelligent decisions. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. John’s new book - The Uncertainty Solution. John’s website. John’s firm - St. Louis Trust & Family Office. Check out our newly released TIP Mastermind Community. Check out our recent episode covering the 2023 Berkshire Hathaway Shareholder Meeting or watch the video. Follow Clay on Twitter. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: River Toyota Linkedin Marketing Solutions Fidelity Efani Shopify NDTCO Fundrise Wise NetSuite TurboTax Vacasa NerdWallet Babbel HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices

    #150 TKP Insights: Making (Even) Better Decisions

    #150 TKP Insights: Making (Even) Better Decisions

    This episode is packed with wisdom from previous guests on the art of making better decisions. 

    We discuss the three types of decision-makers, how to control your emotions when making decisions, why it’s crucial to look at every decision differently, the processes for coming to the right decision, and how to learn from your mistakes when you get it wrong.

    The guests on this episode are author Ventakesh Rao (Episode 7), psychologist, author and professional poker player Maria Konnikova (Episode 89), Stripe co-founder Patrick Collison (Episode 32), cognitive-behavioral decision science author and professional poker player Annie Duke (Episode 37), and Shopify co-founder Tobi Lutke (Episode 41).
     
    Transcript: https://fs.blog/knowledge-project-podcast-transcripts/tkp-insights-decision-making/

    --

    Want even more? Members get early access, hand-edited transcripts, member-only episodes, and so much more. Learn more here: https://fs.blog/membership/

    Every Sunday, our Brain Food newsletter shares timeless insights and ideas you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/

    Follow Shane on Twitter at: https://twitter.com/ShaneAParrish

    TIP470: How to Leverage Information to Serve You Best w/ Ross Dawson

    TIP470: How to Leverage Information to Serve You Best w/ Ross Dawson
    IN THIS EPISODE, YOU’LL LEARN: 13:57 - The different levels of attention and focus and how to harness the one you need at any given time. 27:57 - Frameworks that connect information into meaningful patterns to build deep knowledge and insight. 33:23 - Why the best investors are masters of synthesizing these principles and leveraging information productivity. 41:08 - How to ensure the information you consume is serving you best. 1:04:27 - Which industries Ross believes will generate the billionaires of the future. 1:11:50 - The current state of Artificial Intelligence. And a whole lot more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Ross Dawson's Website. Thriving on Overload Book. Readwise for engaging with your reading. Hypothesis tool for annotation. Zapier for transferring information. Roam research for capturing information. Logseq for more detail. Notion for highly structured notes via web clippings. Airtable for organizing. Trey Lockerbie Twitter. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts.  SPONSORS Support our free podcast by supporting our sponsors: River Toyota Linkedin Marketing Solutions Fidelity Efani Shopify NDTCO Fundrise Wise NetSuite TurboTax Vacasa NerdWallet Babbel HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices

    UFYB 249: Reality Is Made Up By Your Brain

    UFYB 249: Reality Is Made Up By Your Brain

    For most people who dip their toes into the world of thought work for the first time, there are usually some questions that come up around subjectivity and reality. “If all thoughts are made up in our brains - is anything really true? How do I know if something is true?” But the truth is, our brains are making things up all the time. We’re actually hallucinating all the time (and no, you haven’t been unwittingly dosed with mushrooms!).

     

    Listen to this week’s podcast episode to learn about the way our brains create our realities, why accepting something as reality first can make it more difficult to change your thoughts about it later, and why you should decide what to believe on purpose.

     

    Get full show notes and more information here: https://unfuckyourbrain.com/249

    #610: Who Lives in Survival Situations, Who Dies, and Why

    #610: Who Lives in Survival Situations, Who Dies, and Why

    In disasters or accidents, why do some people survive and others perish? In exploring this question, my guest has uncovered psychological and philosophical insights into not only dealing with life-threatening crises, but strategically navigating any situation that involves risk and decision-making.

    His name is Laurence Gonzales and he's a pilot, a journalist, and the author of several books, including the focus of today's conversation: Deep Survival: Who Lives, Who Dies, and Why. Today on the show, we discuss how the story of his father being shot out of the sky during WWII set Laurence on a journey to explore the mysterious underpinnings of survival. Laurence then explains what happens to us mentally and emotionally in a disaster situation that causes us to make poor decisions, how our mental models can get us in trouble, and why rule breakers are more likely to survive than rule followers. Laurence then walks us through complexity theory and how trying to make things safer can counterintuitively make them more dangerous. We then talk about why the frequency with which you yell at your kids correlates to your chances of surviving a life-threatening emergency, before ending our conversation with a discussion of the paradoxes would-be survivors must grapple with, including being both realistic and hopeful at the same time.

    Get the show notes at aom.is/deepsurvival.

    Shane Parrish: A Former Spy On How To Think Smarter

    Shane Parrish: A Former Spy On How To Think Smarter
    Every single day you make about 35,000 decisions. Our lives truly are the sum of our decisions compounded. What we do and what we decide quite literally defines who we are. In this destabilizing moment of fear and uncertainty -- when lives quite literally hang in the balance -- the nature and quality of our decision making is paramount.  It is thus incumbent upon us all, now more than ever, to optimize our decision making skills. So how precisely do we do this? It’s a question that became an obsession for Shane Parrish, a former computer scientist and spy who began to ply his curiosity and copious analytical aptitude to create a canonical roadmap to drive better judgment, better decisions, and ultimately better life outcomes for himself and others. According to Shane, the key is expanding our mental models, the frameworks we craft and rely upon to simplify complexity and understand the world. Prioritizing objective reasoning, mental models help to better frame the decision-making process, putting us in a better position to create relevancy and succeed in life. One of the biggest influencers across Wall Street, Silicon Valley and professional sports, Shane is a former cybersecurity expert for Canada’s version of the NSA and the founder of Farnam Street — a curated collection of research and musings to sharpen your mind, help you make smarter decisions, and ultimately live better. Featured in The New York Times, The Wall Street Journal, Forbes, and The Economist, Shane also hosts The Knowledge Project podcast (always high in my personal rotation), pens the Brain Food weekly newsletter and is the author of The Great Mental Models Vol. 1: General Thinking Concepts and The Great Mental Models, Volume 2: Physics, Chemistry and Biology — the first two releases in a series of books designed to improve your decision making, productivity, and how clearly you see the world. We begin today's exchange with Shane’s prior career at Canada’s top intelligence agency. His take on cybersecurity in a post 9-11 world. And the lessons he learned from his time as a spy. It's a conversation about the importance of reading and deep learning— training yourself to remember everything you read and how to apply it to your life. And it’s about developing your mind and thought processes to create a competitive advantage. But more than anything, this is a conversation about distilling wisdom into teachable formulae for living a better, more fulfilling, more wholesome life. Because how we decide is how we live. The visually inclined can watch it all go down on YouTube. And as always, the audio version streams wild and free on Apple Podcasts and Spotify. Note: this conversation was recorded on February 11, 2020 -- weeks prior to the alternate reality we find ourselves in today. Therefore, there is no talk about the pandemic. Nonetheless, Shane's wisdom and experience is both timeless and timely. I suspect you will find this exchange instructive and helpful in navigating the perils of our current situation. If you are interested in Shane's pandemic related thoughts, he recently penned an excellent piece on Farnam Street entitled What You Truly Value. I’m grateful for this exchange and am better for it. My hope is that you find Shane as dynamic and helpful as I did. Peace + Plants, Rich

    #77 Mike Maples: Living in the Future

    #77 Mike Maples: Living in the Future

    Mike Maples, a partner at the VC firm Floodgate, shares how mental models shape his decision-making process, where to find the next big idea, and how to rally people to your cause.

     

    Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/

     

    Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/

     

    Follow Shane on Twitter at: https://twitter.com/ShaneAParrish

    #389: Neil deGrasse Tyson — How to Dream Big, Think Scientifically, and Get More Done

    #389: Neil deGrasse Tyson — How to Dream Big, Think Scientifically, and Get More Done

    “What matters is: Are you a good problem solver? Are you moral? Are you a hard worker? Are you a good leader? Do you have insights into the field? These are the questions that matter.” — Neil deGrasse Tyson

    Astrophysicist Neil deGrasse Tyson (@neiltyson) was appointed the Frederick P. Rose Director of the Hayden Planetarium in 1996. Dr. Tyson’s professional research interests are primarily related to the structure of the Milky Way galaxy, and the formation of stars, supernovas, and dwarf galaxies.

    Dr. Tyson graduated from the Bronx High School of Science, received his BA from Harvard, and earned his PhD in astrophysics from Columbia University in 1991. In 2001 he was appointed by President Bush to serve on the 12-member Commission on the Future of the United States Aerospace Industry. In 2004 Dr. Tyson received a second appointment from President Bush, this time to the nine-member President’s Commission on the Implementation of the United States Space Exploration Policy (dubbed the “Moon, Mars, and Beyond” commission). In 2016 he was appointed by the US secretary of defense to be an advisor to the DoD on the future of sci-tech innovation.

    Dr. Tyson has been awarded 21 honorary degrees as well as the NASA Distinguished Public Service Medal, and he has authored multiple books on the universe, including Space Chronicles: Facing the Ultimate FrontierDeath by Black Hole and Other Cosmic Quandaries, which was a New York Times bestseller, and The Pluto Files: The Rise and Fall of America’s Favorite Planet, chronicling his experience at the center of the controversy over Pluto’s planetary status.

    His newest book is Letters from an Astrophysicist, a companion to his 2017 bestseller Astrophysics for People in a Hurry.

    Since 2006 Dr. Tyson has appeared as the on-camera host of PBS-NOVA’s spinoff program NOVA ScienceNOW. He also hosts a popular radio show and podcast called StarTalk in addition to the Emmy-nominated StarTalk TV show on National Geographic.

    In 2014 Dr. Tyson hosted a reboot of Carl Sagan’s Cosmos.

    This episode is brought to you by Helix Sleep. I recently moved into a new home and needed new beds, and I purchased mattresses from Helix Sleep. It offers mattresses personalized to your preferences and sleeping style without costing thousands of dollars. Visit HelixSleep.com/TIM and take the simple 2-3 minute sleep quiz to get started, and the team there will match you to a mattress you’ll love.

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    214: Gabriel Weinberg | How Mental Models Boost Super Thinking

    214: Gabriel Weinberg | How Mental Models Boost Super Thinking

    Gabriel Weinberg (@yegg) is a serial entrepreneur, angel investor, founder of privacy-protecting search engine DuckDuckGo, and coauthor of Super Thinking: The Big Book of Mental Models.

    What We Discuss with Gabriel Weinberg:

    • What are mental models, and how can they be applied to make your life run more efficiently and effectively?
    • How mental models used primarily in physics, economics, biology, and math can be easily adjusted for everyday decisions.
    • What a South American tribe that can only count to three and our own grade school experiences with multiplication tables can teach us about the power of math as a mental model.
    • Why you should be second-guessing your natural intuition during the decision-making process, and how you can use mental models to do it.
    • First principles versus conventional wisdom for approaching familiar situations in an innovative way.
    • And much more...

    Full show notes and resources can be found here: https://jordanharbinger.com/214

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    #069 - George MacGill - Mental Models 101 - How To Make Better Decisions

    #069 - George MacGill - Mental Models 101 - How To Make Better Decisions
    I'm joined by long time friend of the show and all round interesting individual George MacGill to break down how we can make better decisions in all areas of our lives by using Mental Models. If you imagine that your mind is an operating system, Mental Models are the apps you install into it which improve your ability to effectively make decisions. Today we are upgrading our minds by thinking about thinking, as we delve into some of mine & George's favourite mental models along with a mass of our best examples and resources. Huge thank you to Social Chain for letting me record in their beautiful studio and Video Guy Ollie from SC HQ for filming everything. Extra Stuff: Follow George on Twitter - https://twitter.com/george__mack Farnam Street Blog - https://fs.blog/ Farnam Street's 109 Mental Models - https://fs.blog/mental-models/ The Great Mental Models Book by Shane Parrish - https://amzn.to/2VijWDE Shane Parrish on Art Of Manliness - https://www.artofmanliness.com/articles/mental-models-decision-making/ The Psychology Of Human Misjudgement by Charlie Munger (full speech) - https://youtu.be/pqzcCfUglws Why Not To Start A Startup by Paul Graham - http://www.paulgraham.com/notnot.html Check out everything I recommend from books to products and help support the podcast at no extra cost to you by shopping through this link - https://www.amazon.co.uk/shop/modernwisdom - Get in touch. Join the discussion with me and other like minded listeners in the episode comments on the MW YouTube Channel or message me... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/ModernWisdomPodcast Email: https://www.chriswillx.com/contact Learn more about your ad choices. Visit megaphone.fm/adchoices

    #55 Scott Page: Becoming a Model Thinker

    #55 Scott Page: Becoming a Model Thinker

    On this episode, Scott Page, 5x Author and Professor of Complex Systems at the University of Michigan explains the power mental models have in how we view the world, discover creative solutions and solve complex problems.

     

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    #471: Using Mental Models to Make Better Decisions

    #471: Using Mental Models to Make Better Decisions

    We live in a complex, fast-changing world. Thriving in this world requires one to make fast decisions with incomplete information. But how do you do that without making too many mistakes?

    My guest today argues that one key is stockpiling your cognitive toolbox with lots of “mental models.”

    His name is Shane Parrish. He’s a former Canadian intelligence officer and the owner of the website Farnam Street, which publishes articles about better thinking and decision making and is read by Wall Street investors, Silicon Valley entrepreneurs, and leaders across domains. We begin our conversation discussing how Shane’s background as an intelligence officer got him thinking hard about hard thinking and why the musings of investors Warren Buffet and Charlie Munger have had a big influence on his approach to decision making.

    Shane then shares his overarching decision making philosophy and explains what mental models are and why they’re a powerful tool to make better decisions. We then discuss why you should focus on being consistently not stupid instead of trying to be consistently brilliant and tactics you can use to make better decisions.

    Get the show notes at aom.is/farnamstreet.