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← People and their mental models

Naval Ravikant's mental models

3 claims Naval Ravikant made fit 2 mental models. Most often: Many models, not one, Incentives. Everything they said here.

Models they name

Their own words name the idea.

Many models, not one

Carry many models from many fields and use them together; with only one, every problem looks like a nail for your hammer.

Others who think with this model

Charlie MungerGabriel WeinbergJames ClearMorgan HouselStephan Guyenet

Open the model page

Knowing the catalogue of mental models is not the hard part; knowing which ones matter most, which to apply often, and in which circumstances is.

  1. Naval Ravikant Co-founder of AngelList You go to Farnam Street, you go to Poor Charlie’s Almanack, and you can learn all the different mental models. But which ones matter more? Which ones do you apply more often? Which ones matter in which circumstances? That’s actually the hard part. How to Get Rich (every episode)nav.al · 28 Dec 2019All korrents from this piece
    Their wordsYou go to Farnam Street, you go to Poor Charlie’s Almanack, and you can learn all the different mental models. But which ones matter more? Which ones do you apply more often? Which ones matter in which circumstances? That’s actually the hard part.

    ↗How to Get Rich (every episode)nav.al

    28 Dec 2019

Thinking in terms of explicit mental-model checklists is less useful than focusing on the few lessons that keep proving important across many situations.

  1. Naval Ravikant Co-founder of AngelList I think mental models are interesting, but I don’t think explicitly in terms of mental-model checklists. I know Charlie Munger does, but that’s just not how I think. Instead, I tend to focus on the few lessons I’ve learned over and over in life that I think are incredibly important and seem to apply almost universally. How to Get Rich (every episode)nav.al · 28 Dec 2019All korrents from this piece
    Their wordsI think mental models are interesting, but I don’t think explicitly in terms of mental-model checklists. I know Charlie Munger does, but that’s just not how I think. Instead, I tend to focus on the few lessons I’ve learned over and over in life that I think are incredibly important and seem to apply almost universally.

    ↗How to Get Rich (every episode)nav.al

    28 Dec 2019

Incentives

Look at what people are rewarded for; it explains more behaviour than what they say, your own included.

Others who think with this model

Charlie MungerBill AckmanMarc AndreessenMiles Brundage

Open the model page

The principal-agent problem, an incentives problem, drives a great deal of what happens in the world.

  1. Naval Ravikant Co-founder of AngelList For example, my personal learning has been that the principal-agent problem drives so much in this world. It’s an incentives problem. How to Get Rich (every episode)nav.al · 28 Dec 2019All korrents from this piece
    Their wordsFor example, my personal learning has been that the principal-agent problem drives so much in this world. It’s an incentives problem.

    ↗How to Get Rich (every episode)nav.al

    28 Dec 2019