Cognitive Biases Defined Simply
Cognitive biases are systematic thinking errors affecting everyone. Your brain uses mental shortcuts for speed, but these create predictable mistakes.
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Cognitive biases are systematic thinking errors affecting everyone. Your brain uses mental shortcuts for speed, but these create predictable mistakes.
Empathy feels with someone; sympathy feels for them. Introverts recharge alone; shy people fear judgment.
Intelligence solves problems fast; wisdom knows which problems matter. Knowledge is facts; understanding grasps relationships and meaning.
Risk vs uncertainty: Risk has known probabilities, uncertainty doesn't. Heuristics are mental shortcuts, biases are systematic errors.
Key learning science terms: Spaced repetition reviews at intervals, retrieval practice tests to strengthen memory, and interleaving mixes topics.
Metrics vs KPIs: Metrics measure anything; KPIs measure what matters for goals. Leading indicators predict future; lagging indicators show past...
Mental models are thinking frameworks that simplify reality for faster decisions. Examples: supply and demand, first principles, and leverage points.
Opportunity cost is the value of the best alternative you give up. Decca Records turned down the Beatles to save on travel. Kodak invented the digital camera and didn't sell it. Why humans systematically ignore the most important cost in every dec...
Systems thinking key terms: Feedback loops where output affects input, emergence where wholes behave differently than parts, and leverage points.
API lets programs communicate. Cloud computing runs on remote servers. Algorithms are step-by-step instructions.
A framework is a structured way to think about problems by providing categories, questions, or steps. Frameworks organize thinking, models predict outcomes.
The Overton window explained: Joseph Overton's original concept, how the range of acceptable political ideas shifts, media's role, and the limits of the theory.