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Chamath Palihapitiya's mental models

4 claims Chamath Palihapitiya made fit 3 mental models. Most often: Positioning, Learning machine, Margin of safety. Everything they said here.

Models we see in what they say

Our reading: their claim applies the idea without naming it. The claim is theirs; filing it here is ours.

Positioning

Set up your situation, rules and defaults so the good choice is the easy one, instead of relying on willpower.

Others who think with this model

Shane ParrishJames ClearRay Dalio

Open the model page

Defining behavioural principles that protect against the worst parts of one's own psychology can be a winning investment strategy.

  1. Chamath Palihapitiya Founder and CEO of the venture firm Social Capital if you define certain behavioral principles that protect you from the worst parts of your own psychology, um that's a winning strategy. Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com · 13 Oct 2020 · 0:53:56 into the videoAll korrents from this video
    if you define certain behavioral principles that protect you from the worst parts of your own psychology, um that's a winning strategy.

Understanding oneself and turning it into written guardrails that one sticks to is an important practice.

  1. Chamath Palihapitiya Founder and CEO of the venture firm Social Capital I really think that spending time understanding yourself and then translating that into actionable guardrails that you write down and you stick to um, is a really important thing. Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com · 13 Oct 2020 · 0:55:38 into the videoAll korrents from this video
    I really think that spending time understanding yourself and then translating that into actionable guardrails that you write down and you stick to um, is a really important thing.

Learning machine

Keep learning after school, and learn from other people's mistakes as well as your own.

Continuing to learn means that today's views will probably look slightly immature and naive later.

  1. Chamath Palihapitiya Founder and CEO of the venture firm Social Capital if I'm evolving, I will have learned so much more that my thoughts today will seem slightly immature and naive. Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com · 13 Oct 2020 · 1:24:30 into the videoAll korrents from this video
    if I'm evolving, I will have learned so much more that my thoughts today will seem slightly immature and naive.

Margin of safety

Leave room for being wrong, because sometimes you will be.

Business school's teaching that redundancy is waste to be turned into profit and then compensation is something people have fully bought into.

  1. Chamath Palihapitiya Founder and CEO of the venture firm Social Capital Business school as an example has taught you that redundancy is waste and waste can be converted into profit and profit is converted into compensation. And I think that is what people have really drank the Kool-Aid on. Chamath Palihapitiya: Freedom, Bitcoin, and First Principles | The Knowledge Project #94youtube.com · 13 Oct 2020 · 1:20:56 into the videoAll korrents from this video
    Business school as an example has taught you that redundancy is waste and waste can be converted into profit and profit is converted into compensation. And I think that is what people have really drank the Kool-Aid on.