Most people suck at decision-making.
Let's change that.
Here are 15 of the best decision-making mental models I've found 🧵
The Inside-Outside View
We have a natural tendency to favour the inside view—our own independent solution to a problem that incorporates all of our hidden biases.
To make better decisions, we should favour the outside view—one that incorporates the best available data.
Ladder of Inference
Describes the thinking process we go through—often subconsciously—to get from a fact to a decision or action.
To make better decisions, we should move slowly and deliberately from the bottom of the ladder to the top of the ladder.
h/t (image) - @amrancz
Confidence Determines Speed vs. Quality
The more confidence you have in the importance of a problem and your understanding of its solution, the more you should focus on quality.
However, if you need to learn more, move fast and break things.
h/t - @BrandonMChu
@BrandonMChu Devil’s Advocate Position
The antidote to confirmation bias.
It involves forcing yourself to view a decision from the opposite viewpoint or finding people who disagree with you.
It forces you to create a more compelling argument.
Don't take my word for it: