3min chapter

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Cedric Chin: What Operators can Teach Investors, the Study of Expertise, Knowledge Shields, and More (Podcast #10)

Liberty's Highlights

CHAPTER

The Power of First Principles Thinking

For big breakthroughs, you need it a lot of the time for everyday operations. Charlie Munger reasons a lot from analogy. Gary Klein likes to say that data may be what convinces us, but it's the stories that we carry with us going forward. To our brain, it's much easier to use and remember stories.

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