Great Mental Models V03 Systems And Mathematics

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The Great Mental Models, Volume 3

From the New York Times bestselling author of Clear Thinking and Farnam Street founder, Shane Parrish. The third book in the timeless Great Mental Models series. Time and time again, great thinkers such as Charlie Munger and Warren Buffett have credited their success to mental models–representations of how something works that can scale onto other fields. Mastering a small number of mental models enables you to rapidly grasp new information, identify patterns others miss, and avoid the common mistakes that hold people back. Volume 3 of The Great Mental Models series focuses on systems and mathematics, simplifying more than twenty-four key concepts from these technical fields into easy-to-understand terms. It provides insights into the unseen mechanisms that influence our environment and teaches you how to apply these principles to benefit your life. Some of the mental models covered in this book include: Margin of Safety: Engineers design for extremes, not averages. To create a robust system, ensure a meaningful gap between what the system is capable of handling and what it is required to handle. Compounding: The most powerful force in the universe can work in domains other than money. The law of diminishing returns: Inputs to a system lead to more output, up until a point where each further unit of input will lead to a decreasing amount of output. Regression to the mean: Above- or below- average performance tends to correct towards the average over the long term. The Great Mental Models series demystifies once elusive concepts and illuminates rich knowledge that traditional education overlooks. This series is the most comprehensive and accessible guide on using mental models to better understand our world, solve problems, and gain an advantage.
The Great Mental Models: General Thinking Concepts

The old saying goes, ''To the man with a hammer, everything looks like a nail.'' But anyone who has done any kind of project knows a hammer often isn't enough. The more tools you have at your disposal, the more likely you'll use the right tool for the job - and get it done right. The same is true when it comes to your thinking. The quality of your outcomes depends on the mental models in your head. And most people are going through life with little more than a hammer. Until now. The Great Mental Models: General Thinking Concepts is the first book in The Great Mental Models series designed to upgrade your thinking with the best, most useful and powerful tools so you always have the right one on hand. This volume details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making, productivity, and how clearly you see the world. You will discover what forces govern the universe and how to focus your efforts so you can harness them to your advantage, rather than fight with them or worse yet- ignore them. Upgrade your mental toolbox and get the first volume today. AUTHOR BIOGRAPHY Farnam Street (FS) is one of the world's fastest growing websites, dedicated to helping our readers master the best of what other people have already figured out. We curate, examine and explore the timeless ideas and mental models that history's brightest minds have used to live lives of purpose. Our readers include students, teachers, CEOs, coaches, athletes, artists, leaders, followers, politicians and more. They're not defined by gender, age, income, or politics but rather by a shared passion for avoiding problems, making better decisions, and lifelong learning. AUTHOR HOME Ottawa, Ontario, Canada
Thinking in Systems and Mental Models

Do you want to understand the roles of thinking in systems and how they affect, hinder, or aid in the fulfillment of your life? Do you want to increase your thinking skills and build effective mental models? Just as every node on a network contributes to the final result, every action of a member of a particular organizational system contributes to the outcome. Without a broad view of interconnectedness, our problem-solving skills are limited and short-sighted, and our abilities to make long-term, beneficial decisions are hampered. If we only look to the immediate and the superficial, we forget that we are reliant on the smallest of parts. If we don't acknowledge the complexity of our interdependence, then we are doomed to replicate a system that will ultimately fail. Awareness of our interconnectedness is key to solving the biggest and most complex problems that we face in contemporary society. The real question is not whether we should use system thinking, but which of the many ideas, approaches, and techniques currently associated with the field of system thinking are most useful in specific settings. In the year of 1943, Kenneth Craik, a Scottish psychologist, explained that the human mind expects events and describes fundamentals by building small-scale models of the real world. A mental model is a way we represent and understand an event, phenomenon, or system in a compact manner. There is a mental model for everything that happens around you. In this book you will learn: - The key concepts of systems thinking - How to solve any problem with step by step method - Tips to improve your decision-making process - The role of Chaos Theory in systemic thinking - What is wrong with your current way of thinking and how you can improve it - Strategies for developing habits, mental toughness, and resilience to combat mental clutter - 40 mental models that you can use in your daily life - To identify the mental models you already use every day - How to expand your set of mental models, create new ones and use them effectively ... and much more! Systems thinking provides a framework for defining and solving problems. Start by paying attention to the questions you ask to practice thinking from a more systemic perspective. Extend your sense of what constitutes "the present." Try to think as "now" in terms of a longer block of time. Ask yourself what happened just a year ago. What is going on now? What happens next year? We can grasp interconnections that we may not have seen before by extending our sense of the "now." You are changing the way you think! It is not something easy and is an extremely challenging task. Just think about it. That is the way you have thought for all these years of your life. Your behavior and perception of things are influenced by mental models. You will be astonished as to how you start seeing the world in a different light the moment you expose yourself to a new mental model. Once you start using them in your life, your day-to-day life will start becoming so much easier. There is no end to the number of mental models that exist on this earth and you will learn about so many of them in this book. Right now. Ready to get started? But don't think too much about it. Click "Buy Now"!