Category "Mental Models"
The perfect bid
Like most people, Terry and Linda had seen The Price Is Right. But their approach was not going to be luck; it was going to be skill.
Thinking for ourselves: Lessons from the NBA's Phil Jackson
One of the core tenets of Jackson’s approach to leadership is allowing individuals to discover their own destiny by forcing them to accept individual responsibility.
China’s control issues
If recent events in China teach us anything, it is that there is a difference between control and resilience. Historically, when governments try this hard to control markets, the control they seek has already been lost.
Running with pebbles
Low-cost lessons are gifts from the gods of probability. Given that many lessons in life are learned through pain, low-cost lessons are opportunities to grow without enduring significant hardship.
The expert problem
A better understanding of how and when to utilize experts helps prevent wasting time and money.
When less is more: Overcoming the "do something bias"
Constantly switching lanes while driving rarely gets you to your destination faster and it significantly increases your risk of accidents and fines. So why do it?
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