{"product_id":"9781529945713-the-great-mental-models-volume-3","title":"The Great Mental Models: Systems and Mathematics","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003e\u003cp\u003eTime and time again, great thinkers like Warren Buffett and Charlie Munger have credited their success to mental models: simple representations of how the world works that can be applied in a wide array of contexts. Mastering a small number of these concepts enables you to rapidly grasp new information, identify patterns others don’t, and better anticipate outcomes.\u003cbr\u003e\u003cbr\u003e\u003ci\u003eThe Great Mental Models \u003c\/i\u003eintroduces the most powerful models that anyone can use right away to improve decision making and productivity. In this volume, Shane Parrish introduces simple frameworks borrowed from mathematical and systems thinking, including:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cb\u003eRegression to the mean: \u003c\/b\u003eOver or underperformance over time tends to balance out to the average.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eMargin of safety: \u003c\/b\u003eTo create a robust system, design for the most extreme possible scenario to avoid catastrophe if it does arise.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eThe law of diminishing returns:\u003c\/b\u003e The return on any investment, whether money, time or attention, tends to reduce with each additional unit.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eBuilding a latticework of mental models is one of the most powerful things you can do to become a better thinker, leader, or creator. \u003ci\u003eThe Great Mental Models \u003c\/i\u003eis the accessible guide you need to unlock this ability.\u003c\/p\u003e\n\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":41683870744673,"sku":"9781529945713","price":18.01,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/stand_32269781.jpg?v=1737106436","url":"https:\/\/www.rarewaves.com\/products\/9781529945713-the-great-mental-models-volume-3","provider":"Rarewaves.com","version":"1.0","type":"link"}