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The Tim Ferriss Show

#695: Shane Parrish on Wisdom from Warren Buffett, Rules for Better Thinking, How to Reduce Blind Spots, The Dangers of Mental Models, and More

Sep 27, 2023
Shane Parrish, entrepreneur and wisdom seeker behind Farnam Street, dives into the intricacies of decision-making and critical thinking. He discusses how AI may hinder our cognitive abilities and the importance of reflective writing. The conversation touches on cognitive biases, personal growth from turbulent pasts, and the power of positioning in decision-making. Parrish also shares insights into simplifying choices with automatic rules for better productivity, emphasizing the balance of support in parenting and the role of habits in enhancing well-being.
01:58:46

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Quick takeaways

  • Being well-positioned allows for better decision-making outcomes.
  • Adopting different mental models broadens understanding and improves decision-making.

Deep dives

The importance of positioning in decision-making

One of the key insights in decision-making is that being in a strong position allows for better outcomes. Being well-positioned means being prepared to take advantage of opportunities and navigate challenges. This applies to various aspects of life, from finance to relationships. By considering one's position and making strategic choices, individuals can avoid blind spots and make more deliberate decisions.

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