Founder's Journal Mental Models #4: Second Order Thinking - Considering The Unexpected
4 snips
Nov 17, 2021 AI Snips
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Second-Order Thinking
- Great employees and founders possess a key mental model: second-order thinking.
- This involves considering the unintended consequences of actions, going beyond the obvious.
Look Beyond the Obvious
- Go beyond simple analyses like "good company, buy stock."
- Consider how others perceive the company and if the upside is already priced in.
Key Questions for Second-Order Thinking
- Ask yourself specific questions when making decisions.
- Consider the range of outcomes, probabilities, consensus views, and long-term consequences.