The Great Mental Models Volume 3 - Systems and Mathematics
Summary
- Continuation of The Great Mental Models Vol 1 - Shane Parrish and The Great Mental Models Volume 2 - Physics, Chemistry and Biology This one covers systems thinking and mathematics and how these principles apply in real life
How I discovered it
- I have always followed fs.blog and Shane Parrish, and everything he puts out is well thought out and thought provoking
How the book changed me
- I never thought of how maths could apply in real life. Everything is connected to everything else.
Details
- Balancing vs reinforcing feedback loops
- Allow for a margin for error
- The difference between medicine and poison is the dose
- Constantly review work done with the purpose oflearning
- Replacing parts in a system helps prevent breakdown
- Zheng Yi Sao, Chinese pirate extraordinaire
- Compounding applies to knowledge, experience and relationships and not just money
- Debt also compounds like savings
- Play iterated games. All the returns in life whether in wealth relationships or knowledge come from compound interest - Naval Ravikant