> [!quote] Charlie Munger > <p style="font-size:125%"> "The first rule is that you <b>can't really know anything if you just remember <font color="#d99694">isolated facts</font></b> and try to bang 'em back. <br> <br>"If the facts don't <b>hang together on a <font color="#d99694">latticework of theory</font>,</b> you don't have them in usable form." </font></p> --- # Getting the Big Picture ## Consider Traditional Elements of Storytelling ![center](https://i.postimg.cc/Gp8YmV2X/BDE-Capture-20.png) --- # Taking Smarter Notes Finding connectivity between two topics might require taking time to consider basic questions and frameworks. ## Atomic Connectivity For a given [**topic**], ask: - Where does **[topic]** come from? - What stands opposite of **[topic]**? - What is similar to [**topic**]? - Where does **[topic]** lead to? When answering, write your answers as if the reader has zero context. --- # Mental Models ## Traditional Mental Models ### 80/20 Rule A principle that asserts that 80% of outcomes (output) result from 20% of all causes (input) for any given event. ### Theory of Constraints What's the bottleneck? ### First Principles When addressing a complex topic, break down complexities to fundamental truths & assumptions. **Look for the "no-brainers."** ### Hock Principle Simple & clear leads to more complex & intelligent discussion. ## Counter-Intuitive Mental Models ### Interest-Based Counting Who is working for and who is working against? Who shares which interests? Alliance shifts? ### Via Negativa Focusing on what something is not or what isn't working. --- > [!quote] ** > <p style="font-size:125%"> In an age of infinite leverage—<b><font color="#d99694">judgement, not work</font></b>, determines success or failure. <br> Good judgement is the product of a calm and curious mind, reasoning without motivation and attachment. <br> Whatever strengthens your ego weakens your judgement, and ultimately, your success.</p> --- # Making Clear & Concise Points ## Start with a Main point You want to Make Example: "The one key thing about this topic is **____**." ## Add Depth ### Make Supporting Arguments ### Supply Supporting Evidence for Each Argument %%Footer Starts Here%% --- <center><img src="https://archive.is/do5ay/df25cfff93575f174c387ac9f4c64744da0fadb9.png" alt="Keep digging!" height="100px"></center> --- ### Tags #Toolbox #MentalModels ### Linked Pages & Footnotes