What separates good thinkers from great thinkers is:

1) The number of mental models at their disposal;
2) The accuracy of those models; and
3) How quickly they update them when they're wrong.

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When things happen in accord with our view of the world we naturally think they are good for us and others. When they conflict with our views, they are wrong and bad. But the world is smarter than we are and it will teach us all we need to know if we’re open to its feedback — if we keep our feet on the ground.

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So much advantage in life comes from being willing to look like an idiot over the short term.

Why mental models? There is no system that can prepare us for all risks. Factors of chance introduce a level of complexity that is not entirely predictable. But being able to draw on a repertoire of mental models can help us minimize risk by understanding the forces that are at play. Likely consequences don’t have to be a mystery.

Brag less, create more. Distract less, learn more. Gossip less, produce more. Take less, give more. Hate less, love more.