Farnam Street
Mastering the best of what other people have already figured out
We often talk about mental models in the context of business, investing, and careers. But mental models can also help with other areas, like parenting. Here are 5 principle-based models you can apply …
Aristotle talked about three kinds of work: theoretical, practical, and poetical. The first searches for truth. The second is practical with an objective around action. The third, however, is lost in …
One of the five simple notions to solve problems is the concept of inversion. To solve problems we need to look at them both forward and backward. But how does this look in practice? Let me give you …
In 1996, Charlie Munger gave a talk titled Practical Thought about Practical Thought, where he explained the success of Coca-Cola using the simplest, most fundamental academic models he could find. …
While we can learn a lot from what successful people do in the mornings, as Nassim Taleb points out, we can learn a lot from what failed people do before breakfast too. Inversion is actually one of …
We’ve talked a lot about inversion — solving problems backwards. In this short video, grandmaster Maurice Ashley walks us through retrograde analysis, which is a method to solve game positions …
Charlie Munger, the business partner of Warren Buffett and Vice Chairman of Berkshire Hathaway, is famous for his quote “All I want to know is where I’m going to die, so I’ll never …