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Mental model
Bayes Theorem
A mathematical framework for updating beliefs based on new evidence, proportiona
Mental model
Black Swan Theory
Rare, unpredictable events with extreme impact that are retrospectively rational
Mental model
Compounding
Small consistent gains accumulate exponentially over time — the most powerful fo
Mental model
Correlation vs Causation
The critical distinction between two variables that move together and one actual
Mental model
Ergodicity
The distinction between ensemble averages and time averages — what works across
Mental model
Exponential Growth
Growth that accelerates proportionally to its current size, producing deceptivel
Scope Neglect applied the Anchoring mental model
Scope Neglect applied the Availability Heuristic mental model
Scope Neglect applied the Free mental model
Scope Neglect applied the Utility mental model
Scope Neglect applied the Scope Neglect mental model
Scope Neglect applied the Scale mental model