I starting getting interested in this after reading about Charlie Munger of Berkshire Hathaway fame. He spoke about some of the mental models he used to eliminate cognitive biases when making investment decisions.
Soon after that, it seemed like everywhere I looked I started seeing these names: Daniel Kahneman, Amos Tversky and Richard Thaler. They seemed to be referenced in all these articles and blog posts about cognitive biases and mental heuristics. Khaneman in particular seemed familiar – I realised I’d bought a book called “Thinking Fast and Slow” while in Oxford in 2016 and had never got around to reading it.
As soon as I started reading it I was engrossed, and found the subject matter incredibly interesting. Though as with reading through articles about mental models, I found it difficult to retain all the information.
I started to wonder more about how I would use these really interesting insights in a practical way. I couldn’t imagine going through 50 or 100 mental models every time I made a decision to check for biases. I also learn better with examples that are applicable to my work or life.
I decided to put this site together so that I could spend a bit of time thinking about mental models, reading the associated literature, studying each one in depth, collating examples and working out how they might practically impact the way I make decisions.
I’m not really sure how I’ll approach this but I hope that putting it online will force me to structure my thinking a little better and help with my recall.