The Wisdom Project

A home for timeless ideas that will help you think better and live better. Human curated wisdom in a world full of algorithmic noise.

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Aug 22, 2021

What is Hanlon’s Razor and how can you use it (With Examples!)

Do you feel angered, disturbed, or annoyed by some recent event? Personal or Global? Who do you assign the blame for such an event? And do you think that person did it out of malice? Are they evil? If you take 100 such events, how many would you attribute to intentional malice? Not sure? That’s …

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How to figure out the 20% effort that will give you 80% results | Applying Pareto’s Principle

Ayush

Jul 9, 2021

How to figure out the 20% effort that will give you 80% results | Applying Pareto’s Principle

Most things in life come from outsized results. The relationship between inputs and outputs is non-linear. In our minds, we think it’s linear, but the data suggests otherwise. The relationship is a power law, better defined as Pareto’s principle or sometimes also called the 80/20 rule. Let’s see a few examples of where Pareto’s principle …

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What Are Mental Models & Why Are They Important (With A Simple Example)

Ayush

Jun 29, 2021

What Are Mental Models & Why Are They Important (With A Simple Example)

This is an introduction to mental models and how they can be used in decision making. A simple example of the Goldilocks rule is provided along with 3 applications and 1 case where it doesn’t apply. Keywords to include: Mental Model

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