Founder of Farnam Street (fs.blog) and host of The Knowledge Project podcast. Writes and curates on decision-making, mental models and rational thinking.
Shane Parrish did not write this page.
We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording.
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Each column is a stretch of time in which the same views came up; a new column starts when one appears or goes quiet. Quiet means nothing on it in our sources for that stretch, which is not the same as a change of mind; Dropped means they said they no longer hold it; tap the card for which claim and when. Revised means the view carries on but one of its claims was dropped. Each row is one view, in the same place all the way along. The number is how many claims in that stretch; we hold 9 in 2013, 0 in 2014, 0 in 2015, 3 in 2016, 3 in 2017, 5 in 2018, 5 in 2019, 0 in 2020, 0 in 2021, 5 in 2022, 12 in 2023, 6 in 2024.
Think problems backward as well as forward, because avoiding stupidity is easier than being brilliant
Their wordsSpend less time trying to be brilliant and more time trying to avoid obvious stupidity. The kicker? Avoiding stupidity is easier than seeking brilliance.
Their wordsDespite our best intentions, thinking forward increases the odds that you’ll cause harm (iatrogenics). Thinking backward, call it subtractive avoidance or inversion, is less likely to cause harm.
Their wordsTo improve the odds of success in life and business, understand the perimeter of your circle of competence and operate well inside. Over time, work to expand that circle, but don’t fool yourself about where the perimeter is, and never be afraid to say, “I don’t know.”
Their wordsIt did not hurt Mrs. B to have such a narrow area of competence. In fact, one could argue the opposite. Her rigid devotion to that area allowed her to focus.
Their wordsAs we cross the perimeter from what we know to what we don’t, confidence does not diminish as fast as competence. The biggest risk when operating outside of your circle of competence is what you don’t see.
Their wordsWithin your circle of competence, you operate with an advantage. As you approach the perimeter (the limitations of your knowledge), your advantage starts to reduce. As you cross the perimeter, not only does your advantage vanish, but it transfers to other people.
Their wordsA lot of extraordinary things in life are the result of things that are first-order negative, second order positive. So just because things look like they have no immediate payoff, doesn’t mean that’s the case.
Their wordsSecond-order thinking is more deliberate. It is thinking in terms of interactions and time, understanding that despite our intentions our interventions often cause harm. Second order thinkers ask themselves the question “And then what?”
Their wordsSuccessfully thinking in shades of probability means roughly identifying what matters, coming up with a sense of the odds, doing a check on our assumptions, and then making a decision.
Their wordsProbabilistic thinking is essentially trying to estimate, using some tools of math and logic, the likelihood of any specific outcome coming to pass. It is one of the best tools we have to improve the accuracy of our decisions.
Their wordsIn simpler language, Occam’s razor states that the simplest explanation is preferable to one that is more complex. Simple theories are easier to verify. Simple solutions are easier to execute.
Their wordsAlthough empirical evidence is usually necessary for science, thought experiments may be used to develop a hypothesis or to prepare for experimentation.
Their wordsWith the aim of illustrating a particular concept (such as free will or mortality), philosophers explore imagined scenarios. The goal is not to uncover a ‘correct’ answer, but to spark new ideas.
Their wordsThought experiments push us outside our comfort zone by forcing us to confront questions we cannot answer with ease. They demonstrate gaps in our knowledge and help us recognize the limits of what can be known.
Their wordsWhen we assume stupidity rather than malice, we respond differently. Instead of getting defensive or lashing out, we approach the situation with empathy and clarity.
Their wordsThis isn’t to say that genuine malice doesn’t exist. Of course, it does. But in most interactions, stupidity is a far more common explanation than malevolence.
Their wordslike joining groups whose default behaviors are your desired behaviors if you want to read more join a book club if you want to run more join a running club your chosen environment rather than your willpower alone will help nudge you towards the best choices
Their wordsthe way around this negotiation with yourself is to work out every day the conversation in your head goes from should I work out today to when and how do I fit this in
Their wordseventually everyone loses the battle with willpower sometimes it's really hard to do the things we want to do so we can use safeguards to to change our Behavior
Their wordsone reason the best in the world make consistently good decisions is they rarely find themselves forced into a decision by circumstances they almost always operate from a position of strength
Their wordsit's hard to appreciate that over the long run the average person who constantly puts themselves in a good position beats the genius who finds themsel in a poor position what looks like Talent is often good positioning
Their wordsthe greatest Aid to judgment is starting from a good position this is such a key Insight we often think about making the best decision possible in the moment and forget about whether we're operating from a position of strength or weakness when the moment arises