#17 - More Mental Models

<p>We are continuing our discussion around Mental Models. Here are the mental models we discuss in today’s episode</p> <ol> <li>Correlation and Causation<br> </li> <li>Law of Diminishing Returns<br> </li> <li>Margin of Safety<br> </li> <li>Social Proof<br> </li> <li>Randomness<br> </li> <li>Ergodicity<br> </li> <li>Opportunity Cost<br> </li> <li>Lindy Effect<br> </li> <li>Network Effects<br> </li> <li>Switching Cost<br> </li> <li>Inertia</li> </ol> <p><strong>Resources:</strong></p> <ol> <li>Nassim Taleb - Fooled by Randomness: <a href="https://www.goodreads.com/book/show/38315.Fooled_by_Randomness"><u>https://www.goodreads.com/book/show/38315.Fooled_by_Randomness<br> </u></a></li> <li>Atit Kothari - Mental Models Blog- <a href="https://atitkothari.substack.com/p/framework-for-looking-for-gems"><u>https://atitkothari.substack.com/p/framework-for-looking-for-gems<br> </u></a></li> <li>Tapan Desai - Mental Models - <a href="https://tapandesai.com/mental-models/"><u>https://tapandesai.com/mental-models/<br> </u></a></li> <li>Tapan Desai - Monthly Mullings - <a href="https://www.instagram.com/mullingsbytapan/"><u>https://www.instagram.com/mullingsbytapan/</u></a></li> </ol> <p><strong>Hosts:</strong></p> <p><strong>Atit Kothari: </strong><a href="https://kothariatit.com/"><u><strong>https://kothariatit.com/</strong></u></a></p> <p><strong>Tapan Desai: </strong><a href="http://tapandesai.com/"><u><strong>http://tapandesai.com/</strong></u></a></p> <p><strong>Please note:</strong></p> <p><strong>Information is only for educational purposes and should not be relied upon as investment advice.</strong><br> </p> --- This episode is sponsored by · Anchor: The easiest way to make a podcast. <a href="https://anchor.fm/app">https://anchor.fm/app</a> --- Send in a voice message: https://anchor.fm/cold-brew-money/message