Published: January 1, 2024
39
637
2.9k

A “razor” is a rule of thumb that simplifies decision-making. The 7 most powerful razors I’ve found: (Explain in 60 seconds)

Image in tweet by Genius Thinking

@ProfFeynman 1. The Feynman Razor: Understanding is different from knowing. Knowing means reciting, but understanding goes deeper. Simplify a concept as much as possible. If you can convey the point that way, you understand.

2. Occam's Razor The simplest explanation is usually the best one. Avoid unnecessary complexities when making decisions.

Image in tweet by Genius Thinking

3. Pareto Principle (80/20 Rule) Focus on the 20% of inputs that yield 80% of the results. Prioritize tasks and activities accordingly.

Image in tweet by Genius Thinking

4. The Dunning-Kruger Effect Incompetent individuals tend to overestimate their own abilities. Be aware of your limitations and seek feedback from others.

Image in tweet by Genius Thinking

5. Confirmation Bias: People tend to favor information that confirms their existing beliefs. Actively seek out alternative viewpoints and challenge your own assumptions.

Image in tweet by Genius Thinking

6. The Halo Effect: Our overall impression of a person influences how we perceive their specific traits. Avoid snap judgments and consider individual qualities separately.

Image in tweet by Genius Thinking

7. The Sunk Cost Fallacy: People continue investing in something because they have already invested time, money, or effort, even if it no longer makes sense. Assess decisions based on future prospects rather than past investments.

Image in tweet by Genius Thinking

8. The Law of Diminishing Returns: After a certain point, the additional input or effort put into something yields progressively smaller results.

Image in tweet by Genius Thinking

If you want more mental models to sharpen the mind and improve your life, I've created something for you. Feynman Mental Models -- Guide To Think Sharper, Decision Making, Learning Faster. You can get it for free below 👇 https://feynmanism.gumroad.com...

Share this thread

Read on Twitter

View original thread

Navigate thread

1/10