What would you do if there was a tool to help you make better decisions in less time? You'd jump at the chance, wouldn't you?Imagine you're 7 years old and you're at the candy store with your father. You've got 10 cents, and there are two treats you'd like to buy.
The trouble is, together, they cost 15 cents. As your father advised you, spending your money wisely would entail getting the most favorite treats you can afford. And you'd be satisfied with the purchase!
Eventually, you decide to get only one of your favored brands. So ultimately, while you may not have gotten everything you desired, you still got some of what you wanted.
Believe it or not, you used a mental model to help you make that decision. Or rather, at 7, you would have had the help of one of your father's mental models.
As you grew, you would have added bits of your own experiences to this basic framework to help you make similar purchases in the future.
Based on this example, can you see how mental models work?
Mental models help you filter information, which allows you to see things more clearly and make better decisions.
Mental models are also a shortcut to finding the quickest and the best route to solve your problems, whether work-related or personal.
"Developing the habit of mastering the multiple models that underlie reality is the best thing you could do," according to Charlie Munger, who credits his success to the lifetime cultivation of a "latticework" of mental models on which to frame his decisions.
The problem with the average person's mental models is that most are not designed to handle complexity.
And while the conscious use of mental models is possible, they require higher-order thinking skills that few people engage in for various reasons. But that doesn't have to be you!
This book will give you the tools to simplify complexity and help you create the latticework that serves you best. Inside you'll find:
- What are Mental Models
- The Structure of Mental models
- Each mental model represents an outcome.
- Mental models facilitate our thinking by.
Looking for evidence that discounts your beliefs and challenging them. Adopt new mental models Characteristic of mental model
Mental models influence how we think by: 