Tag: Best Of Farnam Street

Our Favorite Farnam Street Posts From 2020

At the end of each year, the FS team takes time to reflect on the work we did and what we learned from it. Here’s a selection of our favorite articles from 2020 – and why we think they’re worth a second read.

Much of what we do at FS is about reflection. Learning requires reflection; time to sit, think, and process. There is no doubt that 2020 was tumultuous and challenged us in unexpected ways. What we anticipated and planned for on January 1 was not what we faced the rest of the year. Many of us were busy adjusting and thus might not have had the opportunity to digest and reflect on ideas as much as in the past.

At FS, we know it’s hard to find a signal in all the noise we experience on a daily basis.

To close out the year on the blog, we have decided to look back and share our favorite posts, as well as why we connected with them or how they helped us. Here are each team member’s choices from our 2020 posts.

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Adam

In no way do I consider myself to be an athlete, but I do expect great results when it comes to my work. The article The Inner Game: Why Trying Too Hard can be Counterproductive brought to light some of the internal struggles I deal with when trying to achieve my goals. There are days when I can achieve a “flow-state” in my work, whether it’s shooting or editing video or something else. Other days it’s a battle with self-doubt and self-sabotage despite all the external obstacles I’ve overcome. Finding harmony between the two is on-going, and despite me not being an athlete I plan on winning the inner game.

‘It’s not where you take things from—it’s where you take them to.’ – Jean-Luc Godard

As someone whose job requires creativity I constantly struggle with “Not Invented Here Syndrome.” Trying to come up with an original idea, a different angle, some never before seen concept was just how I assumed all the world-renowned doers and thinkers thought. I never really considered the concept of Standing on the Shoulders of Giants and drawing on our experiences and the raw materials around us to create something. Reflecting on my body of work, it seems obvious now that most of my productions draw from people who I admire, who have taught me, or inspirations sparked by someone else’s creation. Going forward I want to continue to create and who knows, maybe one day I can provide a shoulder to stand on. After all, I’m 6’4”, so I’ve got the giant part down.

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Vicky

One of my favorite articles from this year is Appearances vs Experiences: What Really Makes Us Happy. For me, this article tells a tale of what I try to embrace in my day to day life. Getting caught up in what we think will make us happy can lead us to bypass what truly will. Sometimes we can base decisions and choices on the immediate pleasure we get or expect without looking at the bigger picture or long-term effects. The experience can put things into a perspective we can grasp, while an appearance can just be an illusion.

How do you “win the game of life”? By deciding how you’ll play. In Finite and Infinite Games: Two Ways to Play the Game of Life, I love the perspective shift I feel when I think about how you can play this game. What truly measures success? Does the game end there? By setting new goals and thinking that life can be infinite, we can win by playing, instead of playing to win. For me, this brings on a great perspective of acquiring experience and knowledge over wealth and possessions so I can keep playing.

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Rosie

Daniel Kahneman has said that the main lesson we should learn from surprising events is that the world is surprising. Yet when disasters happen, we often focus on particulars and miss that wider lesson. In the article Stop Preparing For The Last Disaster, we discussed how we can respond to unexpected events by becoming more resilient in general. History may well repeat itself, but we never know which rerun we’re watching until after the matter.

One theme we explored on the blog throughout this year was community and the connections we form with other people. We looked at what brings us together and what drives us apart – as well as what that costs us, how we can make peace with solitude, and how we can rebuild connections.

Muscular Bonding: How Dance Made Us Human is a personal favorite article from 2020. In it, we looked at William H. McNeill’s theory that dancing together to music creates powerful bonds between people, leading to social cohesion and cooperative behavior. I liked this article because McNeill’s ideas suggest a simple, free, universally useful way to overcome disconnection.

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Rhiannon

This year we started to write about more concrete examples of using mental models in common life situations. We so often hear from readers that they love the idea of mental models but have challenges in understanding how to apply them. Our first effort at exploring a situation through the lens of different mental models, how to use them in charged situations, was an exciting step in the evolution of the FS blog.

Like most people, the COVID-19 pandemic served as a backdrop to my year. The challenges were incredible, and the speed of the changes they required were sometimes overwhelming. It felt like so much uncharted territory. One of the reasons I enjoyed the article Why We Feel at Home in a Crisis, was the context it provided for tumultuous times. Reading about the Blitz, a period of history I have always found fascinating, as well as appreciating the good that can come from a crisis, was the perfect solution to the disorientation I experienced at the beginning of the pandemic.

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Shane

As much as this year was about responding to crisis, it was also a test of our resilience. It’s less about what happens to you and more about how you respond. At FS, I frequently thought about how well we’d built our margin of safety, and planned for a wide range of outcomes. 2020 reinforced how important it is to preserve optionality. In a crisis, the more options you have, the greater your chance of survival. Options are the most important resource you can store up.

As many of you know, one of our goals at FS is to master the best of what other people have already figured out. I drew inspiration from how others have kept their teams performing during challenges, including from this post on leadership lessons from Jean Renoir.

From the whole team at FS, thank you to all of our readers for your support and engagement! We know it’s been a busy year for everyone, and we don’t take a minute of the time you’ve spent with us for granted. It was amazing to know that, even in these times of uncertainty, you were on the journey with us to learn and grow. To become better people and live a more meaningful life.

The Best of Farnam Street 2019

We read for the same reasons we have conversations — to enrich our lives.

Reading helps us to think, feel, and reflect — not only upon ourselves and others but upon our ideas, and our relationship with the world. Reading deepens our understanding and helps us live consciously.

Of the 31 articles we published on FS this year, here are the top ten as measured by a combination of page views, responses, and feeling.

How Not to Be Stupid — Stupidity is overlooking or dismissing conspicuously crucial information. Here are seven situational factors that compromise your cognitive ability and result in increased odds of stupidity.

The Danger of Comparing Yourself to Others — When you stop comparing yourself to others and turn your focus inward, you start being better at what really matters: being you.

Yes, It’s All Your Fault: Active vs. Passive Mindsets — The hard truth is that most things in your life – good and bad – are your fault. The sooner you realize that, the better things will be. Here’s how to cultivate an active mindset and take control of your life.

Getting Ahead By Being Inefficient — Inefficient does not mean ineffective, and it is certainly not the same as lazy. You get things done – just not in the most effective way possible. You’re a bit sloppy, and use more energy. But don’t feel bad about it. There is real value in not being the best.

How to Do Great Things — If luck is the cause of a person’s success, why are so many so lucky time and time again? Learn how to create your own luck by being intelligently prepared.

The Anatomy of a Great Decision — Making better decisions is one of the best skills we can develop. Good decisions save time, money, and stress. Here, we break down what makes a good decision and what we can do to improve our decision-making processes.

The Importance of Working With “A” Players — Building a team is more complicated than collecting talent. I once tried to solve a problem by putting a bunch of PhDs in a room. While comments like that sounded good and got me a lot of projects above my level, they were rarely effective at delivering actual results.

Compounding Knowledge — The filing cabinet of knowledge stored in Warren Buffett’s brain has helped make him the most successful investor of our time. But it takes much more than simply reading a lot. In this article, learn how to create your own “snowball effect” to compound what you know into opportunity.

An Investment Approach That Works — There are as many investment strategies as there are investment opportunities. Some are good; many are terrible. Here’s the one that I lean on the most when I’m looking for low risk and above average returns.

Resonance: How to Open Doors For Other People — Opening doors for other people is a critical concept to understand in life. Read this article to learn more about how to show people that you care.

More interesting things, you might have missed

Thank you

As we touched on in the annual letter, it’s been a wonderful year at FS. We are looking forward to a wider variety of content on the blog in 2020 with a mix of deep dives and pieces exploring new subjects.

Thank you for an amazing 2019 and we look forward to learning new things with you in 2020.

Still curious? You can find the top five podcast episodes in 2019 here. Our Best of Farnam Street archive can be found here.

The Best of Farnam Street 2018

We read for the same reasons we have conversations — to enrich our lives.

Reading helps us to think, feel, and reflect — not only upon ourselves and others but upon our ideas, and our relationship with the world. Reading deepens our understanding and helps us live consciously.

Of the 46 articles we published on FS this year, here are the top ten as measured by a combination of page views, responses, and feeling.

  1. Smarter, Not Harder: How to Succeed at Work — We each have 96 energy blocks each day to spend however we’d like. Using this energy blocking system will ensure you’re spending each block wisely.
  2. Your First Thought Is Rarely Your Best Thought: Lessons on Thinking — Most people have no time to think. They schedule themselves like lawyers. They work in five- to eight-minute increments, scheduled back to back. They think only in first thoughts never in second thoughts.
  3. The Pygmalion Effect: Proving Them Right — The Pygmalion Effect is a powerful secret weapon. Without even realizing it, we can nudge others towards success. In this article, discover how expectations can influence performance for better or worse.
  4. First Principles: The Building Blocks of True Knowledge — First Principles thinking breaks down true understanding into building blocks we can reassemble. It turns out most of us don’t know as much as we think we do.
  5. Understanding Speed and Velocity: Saying “NO” to the Non-Essential — It’s tempting to think that in order to be a valuable team player, you should say “yes” to every request and task that is asked of you. People who say yes to everything have a lot of speed. They’re always doing stuff but never getting anything done. Why? Because they don’t think in terms of velocity. Understanding the difference between speed and velocity will change how you work.
  6. The Surprising Power of The Long Game — In everything we do, we play the long or the short game. The short game is easy, pleasurable, and offers visible and immediate benefits. But it almost never leads to success. Here’s how to play the long game.
  7. Double Loop Learning: Download New Skills and Information into Your Brain — We’re taught single loop learning from the time we are in grade school, but there’s a better way. Double loop learning is the quickest and most efficient way to learn anything that you want to “stick.”
  8. Complexity Bias: Why We Prefer Complicated to Simple — Complexity bias is a logical fallacy that leads us to give undue credence to complex concepts. Faced with two competing hypotheses, we are likely to choose the most complex one.
  9. Deductive vs Inductive Reasoning: Make Smarter Arguments, Better Decisions, and Stronger Conclusions — You can’t prove the truth, but using deductive and inductive reasoning, you can get close. Learn the difference between the two types of reasoning and how to use them when evaluating facts and arguments.
  10. The Decision Matrix: How to Prioritize What Matters — The decision matrix is a powerful tool to help you prioritize which decisions deserve your attention as a leader, and which should be delegated. Here’s how you can start using it today.

More interesting things, you might have missed

Thank you

As we touched on in the annual letter, it’s been a wonderful year at FS. While the frequency of our articles decreased in 2018, the words published actually increased. As longtime readers know, we are not bound to frequency or length constraints, our only mission is quality. Next year will see a more eclectic mix of content as we get back to our roots.

Thank you for an amazing 2018 and I’m looking forward to learning new things with you in 2019.

Still curious? You can find the top five podcast episodes in 2018 here.

The Best of Farnam Street 2016

After the publishing the 16 best books I read this year, it’s time to take a look at the best of Farnam Street this year. Of course, ‘best’ is an editorialized list from what you loved and shared and what I took the most pleasure in writing. Spanning everything from learning and thinking to mental models and history, here’s to an amazing year.

1. The Best Way to Learn Anything: The Feynman Technique

2. The Pot Belly of Ignorance

3. The Munger Operating System: How to Live a Life That Really Works

4. Books that Improve Your General Knowledge of the World

5. 20 Rules for a Knight

6. Joseph Tussman: Getting the World to Do the Work for You

7. Second-Level Order: What Smart People Use to Outperform

8. Ego is the Enemy: The Legend of Genghis Khan

9. The Four Tools of Discipline

10. At Some Point, You Have to Eat The Broccoli

11. Too Busy to Pay Attention to Life

12. The Value of Grey Thinking

13. A Few Useful Mental Tools from Richard Feynman

14. Stop Crashing Planes: Charlie Munger’s Six-Element System

15. Peter Bevelin on Seeking Wisdom, Mental Models, Learning, and a Lot More

16. Get 5% Better

Still curious? Check out the Best of Farnam Street: 2015, and 2014

The Best of Farnam Street 2015

As the year heads toward an end, what better way to reflect than to look back on the pieces that moved you.

Find below the 15 most read and shared articles published on Farnam Street in 2015, spanning everything from philosophy and psychology to mental models and understanding.

Thank you for joining me for another year on our intellectual and philosophical journey of discovery.

Best of Farnam Street 2015

1. Carol Dweck: The Two Mindsets And The Power of Believing That You Can Improve
A summary of Carol Dweck’s book Mindset, which explores our two mindsets (fixed and growth) and how they impact not only our attitudes and learning but also our outcomes.

2. The Reasons We Work
It’s more complicated than money.

3. The Single Best Interview Question You Can Ask
“This question sounds easy because it’s straightforward. Actually, it’s very hard to answer. It’s intellectually difficult because the knowledge that everyone is taught in school is by definition agreed upon. And it’s psychologically difficult because anyone trying to answer must say something she knows to be unpopular.”

4. Albert Einstein on the Secret to Learning
“That is the way to learn the most, that when you are doing something with such enjoyment that you don’t notice that the time passes.”

5. Thinking About Thinking
This is the path, the rest is up to you.

6. Richard Feynman: The Difference Between Knowing the Name of Something and Knowing Something
The top people in the world understand that knowing the name of something doesn’t mean you understand it as Novel winner Richard Feynman explains in this article.

7. The Two Types of Knowledge
“In this world we have two kinds of knowledge. One is Planck knowledge, the people who really know. They’ve paid the dues, they have the aptitude. And then we’ve got chauffeur knowledge. They have learned the talk. They may have a big head of hair, they may have fine temper in the voice, they’ll make a hell of an impression.”

8. William Deresiewicz: How To Learn How To Think
An argument to spend more time thinking.

9. How Successful People Increase Productivity
“One thing that successful people do to increase productivity is they avoid to-do lists. These lists are rarely as effective as scheduling time.”

10. Academic Economics — Strengths and Weaknesses, after Considering Interdisciplinary Needs
This is the full text of Charlie Munger’s Herb Kay Memorial Lecture, ‘Academic Economics: Strengths and Weaknesses, after Considering Interdisciplinary Needs,’ at the University of California at Santa Barbara, 2003.

11. The Peter Principle and the Law of Crappy People
If you’ve ever worked in an organization, you’ve no doubt come across someone in senior management and asked yourself how they ever got promoted.

12. In Praise of Slowness: Challenging the Cult of Speed
We live in a world of scarce understanding and abundant information. We complain that we never have any free time yet we seek distraction. If work can’t distract us, we distract ourselves. We crave perpetual stimulation and motion. We’re so busy that our free time comes in 20 second bursts, just long enough for us to read the gist and assume we understand. If we are to synthesize learning and understanding we need time to think.

13. The Nine Primary Tactics Used to Influence Others
The number one thing to understand about influence is that people make decisions for their reasons, not yours.

14. Summer Reads for the Curious Mind
Out of the 44 books I read from January to June, here are the 7 that resonated with me the most

15. The Power of Full Engagement — Managing Energy, Not Time, is the Key to High Performance and Personal Renewal
Tony Schwartz and Jim Loehr argue that energy, not time, is the key to managing performance.