Lattice Work
“You must know the big ideas in the big disciplines and use them routinely–all of them, not just a few. Most people are trained in one model–economics, for example–and try to solve all problems in one way. You know the old saying: To the man with a hammer, the world looks like a nail. This is a dumb way of handling problems.” – Charlie Munger
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Psychology
- The two systems of thinking
- Variable Reinforcement
- Kantian Fairness Tendency
- Contrast Mis-Reaction Tendency
- Deprival Super Reaction Syndrome
- Do Something Bias
- Pavlovian Conditioning
- Framing Effect
- Status Quo Bias
- Twaddle Tendency
- Gamblers Fallacy
- Mental Accounting
- Social Proof
- Reason Respecting Tendency
- Bystander Effect
- Liking Bias
- Winners Curse
- Confirmation bias
- Punch card mindset
- Statistics
- Mean Reversion
- Law of Small numbers
- The Power Law
Social Sciences
- Tragedy of commons
- Externalities
- Complex Adaptive Systems
- Moral Hazard
Economics
- Matthew Effect
- Game Theory
- Gresham’s Law
- Law of diminishing Marginal Utility
- Pari-Mutuel System
- Market Power
- Mind Share
Physics
- Thermodynamics
- Feedback Loops
Decision Making
- Occams Razor
- Checklist
- Loser’s Game
Business
- Switching Costs
- Network effects
- Float
- Arbitrage
- Surfing
Engineering
- Redundancy
- Critical Mass
- Theory of Constraints
Mathematics
- Inversion
- Permutations and combinations
- Bayes Theorem
- Alternative Histories
Literature
- Journaling
- Active Reading
- Story Telling
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