Saturday, May 24, 2008

Think Mental Models

How normal people become really smart

Most humans do much of their problem solving not by searching selectively, but through simply recognizing the relevant cues in situations similar to those they have experienced before (solution by recognition).

“The better decision maker has at his/her disposal repertoires of possible actions; checklists of things to think about before he acts; and he has mechanisms in his mind to evoke these, and bring these to his conscious attention when the situations for decision arise.” -- Herbert Simon, Nobel Laureate

This website, inspired by the work of Charles Munger, provides over 100 checklists that can be brought consciously to mind to aid the thinking process.

Each model is described by at least one distinguished user. Examples include Warren Buffett, Richard Feynman, Robert Rubin and Peter Drucker, among others.

[from Dah Hui Lau]

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