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Wisdom Theory Profile
Wisdom Theory

@wisdom_theory

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Think better. Mental models, decision making, and worldly wisdom.

Joined February 2020
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@wisdom_theory
Wisdom Theory
5 months
You've got to have models in your head and you've got to array you experience - both vicarious and direct - onto this latticework of mental models. —Charlie Munger
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@wisdom_theory
Wisdom Theory
6 months
Daniel Kahneman, who changed psychology and economics forever, dies at 90. Thanks for everything. We remember him in 10 great quotes:
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Employee: 1 , 1 , 1 , 1 , 1 , 1 , 2 , 2 , 2 , 2 Investor: 1 , 1 , 2 , 4 , 3 , 6 , 5 , 9 , 14 , 16 Entrepreneur: 0 , -2 , -6 , 2 , 1 , 4 , 8 , 12 , 22 , 44
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@wisdom_theory
Wisdom Theory
3 years
To learn economics study psychology.
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@wisdom_theory
Wisdom Theory
4 years
@naval If you have a garden and a library, you have everything you need. — Cicero
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@wisdom_theory
Wisdom Theory
4 years
You don't need a website, or a business plan, or investors, or an office, not even a business name. You need a client.
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@wisdom_theory
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2 years
The easiest way to change people's behaviour is to change their environment. — Daniel Kahneman
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@wisdom_theory
Wisdom Theory
2 years
The world is not driven by greed, it's drive by envy. — Charlie Munger
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@wisdom_theory
Wisdom Theory
3 years
Train the body to calm the mind.
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@wisdom_theory
Wisdom Theory
6 months
A reliable way of making people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth.
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@wisdom_theory
Wisdom Theory
4 years
You play better when you forget the scoreboard.
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@wisdom_theory
Wisdom Theory
2 years
When you have trial and error you outperform someone who knows because convexity matters a lot more than knowledge. — Nassim Taleb
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@wisdom_theory
Wisdom Theory
6 months
Nothing in life is as important as you think it is while you are thinking about it.
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@wisdom_theory
Wisdom Theory
6 months
We're blind to our blindness. We have very little idea of how little we know. We're not designed to know how little we know.
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@wisdom_theory
Wisdom Theory
6 months
It's a wonderful thing to be optimistic. It keeps you healthy and it keeps you resilient.
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@wisdom_theory
Wisdom Theory
4 years
Not all slaves want freedom.
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@wisdom_theory
Wisdom Theory
4 years
. @naval is one of the greatest multidisciplinary thinkers of our time. He thinks naturally from mental models. Thread
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@wisdom_theory
Wisdom Theory
6 months
If you care about being thought credible and intelligent, do not use complex language where simpler language will do.
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@wisdom_theory
Wisdom Theory
1 year
Everything that man ignores does not exist for him. That is why the universe of each one, is summed up to the size of his knowledge. — Albert Einstein
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@wisdom_theory
Wisdom Theory
6 months
The idea that changed the world, by Daniel Kahneman.
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@wisdom_theory
Wisdom Theory
4 years
Making $1 with your own business is more rewarding than earning $1,000 as an employee.
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@wisdom_theory
Wisdom Theory
6 months
So your emotional state really has a lot to do with what you're thinking about and what you're paying attention to.
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@wisdom_theory
Wisdom Theory
3 years
Marketing is the art of making you believe that you are missing something.
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@wisdom_theory
Wisdom Theory
3 years
The first mistake of economics is that it confuses scarce with valuable.
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@wisdom_theory
Wisdom Theory
6 months
We're generally overconfident in our opinions and our impressions and judgments.
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@wisdom_theory
Wisdom Theory
3 years
You are the son of your past decisions and the father of your future ones.
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@wisdom_theory
Wisdom Theory
6 months
Economists think about what people ought to do. Psychologists watch what they actually do.
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@wisdom_theory
Wisdom Theory
4 years
10 books that will change the way you see the world - Dialogues, Seneca - Reality is not what it seems - Structures, Gordon - Ice Age, Gribbin - The Beak of the Finch - The Selfish Gene - Emotional Intelligence - Thinking Fast and Slow - Why Nations Fail - Prisoners of Geography
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@wisdom_theory
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There's a lot of randomness in the decisions that people make.
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@wisdom_theory
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And you will remember the hardest moments as the best in your life.
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3 years
To think clearly, write.
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"You have to learn all the big ideas in the key disciplines in a way that they’re in a mental latticework in your head and you automatically use them for the rest of your life." - Charlie Munger
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@wisdom_theory
Wisdom Theory
4 years
On the Internet you have the best mentors in the world, and for free.
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@wisdom_theory
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2 years
Stop being a nice guy, by Jordan B. Peterson.
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@wisdom_theory
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3 years
· Overthinking? Walk · Exhausted? Sleep · Doubtful? Write · Excited? Build · Bored? Read · Sad? Lift
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@wisdom_theory
Wisdom Theory
3 years
Nukes are the reason there hasn't been a WWIII.
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@wisdom_theory
Wisdom Theory
4 years
We are living the best moment in history: - We have all the knowledge at one click - We have internet access, the largest lever ever created - If you add value, the whole world will listen to you, no matter who and where you are It has never been easier to design your own life.
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@wisdom_theory
Wisdom Theory
4 years
You don't lack ideas, you lack balls.
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4 years
If Twitter is not changing your life, you are not using it correctly.
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Wisdom Theory
6 months
What you see is all there is.
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4 years
Lifting weights will help you more than reading all the self-help books.
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If it's free, your attention is the price.
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@wisdom_theory
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The past is a fiction. @naval
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@wisdom_theory
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4 years
Don't tell me what books you read, tell me the ones you reread.
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@ProfFeynman And wisdom.
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@wisdom_theory
Wisdom Theory
11 months
Steve Jobs on Failure.
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@wisdom_theory
Wisdom Theory
4 years
People who show off do so from a sense of inferiority.
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@wisdom_theory
Wisdom Theory
4 years
Instagram is a game of appearance. Facebook is a game of the past. LinkedIn is a game of status. Twitter is a game of ideas.
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Wisdom Theory
4 years
The faker the job, the more clothes matter.
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2 years
Everyone wants a crash to invest, until it comes.
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@wisdom_theory
Wisdom Theory
4 years
Don't worry too much, in a few years you will be gone. Be grateful for the stay.
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Wisdom Theory
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Be grateful for bad cards, they make you a better player.
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3 years
Books make you proactive. Screens make you reactive.
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@wisdom_theory
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If you read the 10 most important books in a field of knowledge, you will be in the top 1% of those who know the most about that field. If you do it with the 10 most important fields, you will be in the 1% of those who most know how the world works.
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Wisdom Theory
3 years
What is your favorite @naval quote?
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4 years
If it's false, why does it offend you? If it's true, why does it offend you?
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4 years
The wise learn, the fool gets angry.
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@wisdom_theory
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4 years
A year ago I created this Twitter account. Today I have a business that I can live on. Thank you all for making this dream possible, especially @LifeMathMoney , @naval and @jackbutcher The Internet has changed the rules, you are much closer than you think. This has just begun.
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3 years
We seek comfort until we realize that it destroys us.
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If you don't know what to do, read.
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@wisdom_theory
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3 years
In hard times read Seneca.
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The only way to overcome your lack of confidence is to do it without confidence.
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4 years
The fool seeks pleasure, the poor seeks status, the rich seeks wealth, the wise doesn’t seek, he observes.
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4 years
If you don't find a purpose, desires will destroy you.
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4 years
Is your definition of success really yours?
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Don't believe your thoughts, watch them.
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3 years
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If you're going to be employed, make sure it's temporary. @LifeMathMoney
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4 years
You overvalue what you don't have.
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4 years
If you don't act, it doesn't matter how smart you are.
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4 years
If you're lazy and unreliable, it doesn't even matter what you're good at. — Charlie Munger
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2 years
Responsibility. That's what gives life meaning. — Jordan Peterson
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Turning off the phone is the greatest productivity hack of our era.
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Kill your addictions before they kill you.
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2 years
- Overthinking? Walk - Exhausted? Sleep - Doubtful? Write - Excited? Build - Bored? Read - Sad? Lift
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4 years
Only you can hurt yourself.
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The fastest way to get depressed is to stay home alone with the internet, it is also the fastest way to be a genius that changes the world.
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When in doubt, make the least emotional decision.
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The more employable you are, the less entrepreneurial you will be.
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We shape our habits and then our habits shape us.
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Your mind is a tool, not a place to live.
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You are not smart because you read, you read because you are smart.
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Don't give advice unless asked.
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Winners study other winners, losers criticize them.
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When Jeff Bezos met Warren Buffett. — Bezos: Warren, your investing strategy is so simple. Why doesn’t everyone just copy you? — Buffett: Because nobody wants to get rich slow.
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Don't sell anything you wouldn't buy.
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Complex minds, simple lives. Simple minds, complex lives.
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This is not the Information Age. This is the Attention Age.
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Use your free time to design your life, not to escape from it.
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Success has more to do with psychology than economics.
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@naval Most important mental models applied here: - Scale - Compound interest - Leverage - Niches - Cooperation - Adaptation - Incentives - Skin in the game - Specialization - Supply and demand - Circle of competence PDF Compilation:
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Be alone, that is the secret of invention; be alone, that is when ideas are born. — Nikola Tesla Happy birthday Nikola
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Steve Jobs on managing people.
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Ideas are cheap, executions are expensive.
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Observe your mind or it will invent problems.
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2 years
Warren Buffett on asking for investment ideas.
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No price is too high to pay for the privilege of owning yourself. — Friedrich Nietzsche
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@Culture_Crit Sagrada Familia, Barcelona. Spain. Under construction since 1882
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3 years
Looking rich takes you away from being rich.
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If your children can’t inherit it – it’s a job, not a business. — @LifeMathMoney
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