Tuesday, January 2, 2024

Feymanisms

 

Prof. Richard Feynman
1. Read and write more. 2. Don't hesitate to admit when you're wrong. 3. Be comfortable changing your opinion. 4. Find a mentor. 5. Stay teachable. 6. Make mistakes and learn. 7. Don't get offended easily. 8. Ask questions. 9. Spend time with nature. 10. Stay humble.


A “razor” is a rule of thumb that simplifies decision-making. The 7 most powerful razors I’ve found: (Explain in 60 seconds)

1. The Feynman Razor: Understanding is different from knowing. Knowing means reciting, but understanding goes deeper. Simplify a concept as much as possible. If you can convey the point that way, you understand.


2. Occam's Razor The simplest explanation is usually the best one. Avoid unnecessary complexities when making decisions.




3. Pareto Principle (80/20 Rule) Focus on the 20% of inputs that yield 80% of the results. Prioritize tasks and activities accordingly.




4. The Dunning-Kruger Effect Incompetent individuals tend to overestimate their own abilities. Be aware of your limitations and seek feedback from others.




5. Confirmation Bias: People tend to favor information that confirms their existing beliefs. Actively seek out alternative viewpoints and challenge your own assumptions.




6. The Halo Effect: Our overall impression of a person influences how we perceive their specific traits. Avoid snap judgments and consider individual qualities separately.

7. The Sunk Cost Fallacy: People continue investing in something because they have already invested time, money, or effort, even if it no longer makes sense. Assess decisions based on future prospects rather than past investments.




8. The Law of Diminishing Returns: After a certain point, the additional input or effort put into something yields progressively smaller results.




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