Types of Mental Models-Inversion

Charlie Munger once argued that “All I want to know is where I'm going to die so...

Types of Mental Models- Probabilistic Thinking

The probabilistic thinking mental model focuses on the notion of trying to estimate the likelihood of an...

Types of Mental Models- Second-Order Thinking

Decision-making is never an easy task. Often, we find ourselves confused about what we should do about...

Types of Mental Models- Circle of Competence

The circle of competence mental model is attributed to Charlie Munger and Warren Buffett. Just as the...

Types of Mental Models-Eisenhower Matrix

The Eisenhower Matrix was introduced by Dwight D. Eisenhower. This is an effective time management mental model that was used by Eisenhower...

Types of Mental Models- Regret Minimization Framework

The interesting thing about mental models is that even people who seem to have achieved their self-actualization...

Types of Mental Models-10/10/10 Rule

The 10/10/10 method is highly applicable to the decisions that we have to make daily. Without a...

Types of Mental Models- Parkinson’s Law

Parkinson’s law states that “work expands to fill the time available for its completion.” This law was...

Types of Mental Models- Maslow’s Hierarchy of Needs

Maslow’s hierarchy of needs is a concept that was introduced by psychologist Abraham Maslow. According to Maslow, people are more motivated to...

Types of Mental Models- The Pareto Principle

Another notable mental model that can quickly transform how you do things is the Pareto Principle. The...