4min snip

The Knowledge Project with Shane Parrish cover image

#1 Michael Mauboussin: When To Trust Your Gut

The Knowledge Project with Shane Parrish

NOTE

Intuition: A Double-Edged Sword

Intuition varies significantly across different domains, with its effectiveness largely dependent on the environment being stable and linear. It operates efficiently in areas like chess, where expertise allows for rapid decision-making based on extensive experience and predictive models. However, intuition can be misleading in unstable, non-linear situations where expertise does not equate to an effective predictive model. To hone intuition, particularly within organizations, it is crucial to engage in deliberate practice complemented by feedback, enabling individuals to refine their decision-making skills. Additionally, employing a 'disciplined intuition' approach—starting with statistical models before incorporating intuition—helps mitigate the biases inherent in gut feelings, countering the tendency to only seek confirmation for pre-existing beliefs.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode