Being Wrong Less
- Inverse thinking. Instead of thinking how you can save money, think about how you can reduce your expenses.
- Unforced error. A personal shortcoming which can be controlled.
- Anti-fragile. Treating setbacks as challenges and thriving on them.
Keep it simple, stupid!
- Arguing from first principles.
- De-risking. Challenging assumptions and verifying or debunking them.
- Premature optimisation.
- Minimum viable product.
- Ockham’s razor. “The simplest explanation is usually the right one.”
- Conjunction fallacy. The assumption that specificity is more probable than generality.
- Overfitting.
In the eye of the beholder
- Frame of reference. POV.
- Framing. The way we present a problem to others.
- Nudging. How framing influences the audience.
- Anchoring. The first thing a chick sees will be its “mother”.
- Availability bias. Becoming too engrossed with recent information. Product experience personalisations do this.
- Filter bubble. Search engines tailor your experience based on your history and you end up reading about similar things only and nothing else.
- Echo chamber. Consequence of a filter bubble. More polarisation and deviation from objectiveness.
Walk a mile in their shoes
- Third story. POV of an observer. Should think like one.
- Most respectful interpretation. Seeing the best in others.
- Hanlon’s razor. “Never attribute to malice that which is adequately explained by stupidity.”
- Fundamental attribution error. Thinking “someone was mean for the sake of being mean instead of external factors like a bad day”.
- Self-serving bias. Always able to explain one’s behaviour while thinking that everyone else’s is inexplicable.
- Veil of ignorance. Considering things without considering our positions.
- Birth lottery.
- Just world hypothesis. “You reap what you sow.”
- Victim-blame.
- Learned helplessness.
To be continued from page 56 out of 609.