Description

We are continuing our discussion around Mental Models. Here are the mental models we discuss in today’s episode

1. Correlation and Causation
   
2. Law of Diminishing Returns
   
3. Margin of Safety
   
4. Social Proof
   
5. Randomness
   
6. Ergodicity
   
7. Opportunity Cost
   
8. Lindy Effect
   
9. Network Effects
   
10. Switching Cost
    
11. Inertia

Resources:

1. Nassim Taleb - Fooled by Randomness: https://www.goodreads.com/book/show/38315.Fooled_by_Randomness
   
   
2. Atit Kothari - Mental Models Blog- https://atitkothari.substack.com/p/framework-for-looking-for-gems
   
   
3. Tapan Desai - Mental Models - https://tapandesai.com/mental-models/
   
   
4. Tapan Desai - Monthly Mullings - https://www.instagram.com/mullingsbytapan/

Hosts:

Atit Kothari: https://kothariatit.com/

Tapan Desai: http://tapandesai.com/

Please note:

Information is only for educational purposes and should not be relied upon as investment advice.