Upgrade Your Thinking, with Super Thinking authors Gabriel Weinberg and Lauren McCann

Afford Anything | Make Smart Money Choices

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Investing, Business

4.7 • 3.6K Ratings

🗓️ 15 July 2019

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#204: You make decisions on a daily basis about your career, family, friendships, health and investments; these choices shape your life. But how much have you thought about how to think? There are common threads and collective wisdom across disciplines. These common threads create mental models, which are frameworks for understanding the world. Mental models allow us to apply insights from a variety of unrelated fields, using reasoning by analogy to make better choices about our lives. For example: Critical mass is a concept from physics that can be applied to our understanding of microeconomics or entrepreneurship. The availability heuristic and filter bubble are concepts that we can use to check in with ourselves whenever we’re assessing risk in our businesses, careers or personal safety. Loss aversion and information aversion are notions that, when articulated, allow us to understand why we hesitate to learn more about investing during recessions. Mental models can make us better thinkers. Warren Buffett’s business partner, Charlie Munger, says he relies on mental models to evaluate businesses and make investing choices. What we know is that we’ll never be right. But mental models can help us become less wrong. On today’s episode, Gabriel Weinberg and Lauren McCann join us to discuss Super Thinking, their book about how to use mental models to improve the skill of thinking. Enjoy! For more information, visit the show notes at https://affordanything.com/episode204 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	You can afford anything, but not everything.
0:10.9	Every choice you make is a trade-off against something else, and that doesn't just apply
0:13.7	to your money.
0:14.7	It applies to your time, your focus, your energy, your attention, anything in your life that's
0:18.2	a scarce or limited resource.
0:20.0	And that leads to two questions.
0:21.6	Number one, what is most important to you?
0:24.6	Know what a society say ought to be, but what actually matters in your own life.
0:28.6	Number two.
0:29.7	How do you align your day-to-day decisions accordingly?
0:33.2	Answering these two questions is a lifetime practice, and that is what this podcast is
0:37.0	here to explore.
0:38.2	My name is Paula Pant, I'm the host of the Afford Anything Podcast, and as I have frequently
0:42.5	said, thinking about how to think and learning how to be better at the decision-making process
0:49.8	is one of the most important, if not the most important, life skill that you can master.
0:54.4	I would say that learning how to be a better thinker, coupled with emotional mastery, if
0:59.0	you can get those two things nailed.
1:01.3	Wow, that's the foundation for living a good life.
1:05.9	And so today, Gabriel Weinberg and Lauren McCann join us on the show to discuss how to
1:11.8	become a better thinker and how to be more skilled at the practice of making decisions.
1:19.6	They are a husband and wife team who recently co-authored a book called Super Thinking,
1:24.5	which is a book that describes how to apply models from a variety of disciplines onto
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Paula Pant | Cumulus Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Paula Pant | Cumulus Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.