Money and Finance
How I pick problems: a checklist to qualify & disqualify ideas - by Miguel Barbosa
A very big thanks to Miguel for sharing this checklist on his site! I encourage everyone to read it and, if you have any, give feedback to Miguel on the list.
As many of you know I’m very interested in problem solving and tinkering–below is a checklist I designed to help me pick problems (worth solving) & to disqualify problems (not worth solving). Many of you will notice influences from Paul Graham, Nassim Taleb, Atul Gawande, & Warren Buffett. This checklist is a work in progress and I’d love your feedback. Please let me know what you think. Enjoy!
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Charlie Munger Checklist Quote
Via Whitney Tilson’s notes from the 2007 Wesco Annual Meeting:I’m a great believer in solving hard problems by using a checklist. You need to get all the likely and unlikely answers before you; otherwise it’s easy to miss something important.…………….....
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How I Learnt The Power Of Checklists – By John Kay
Found via Abnormal Returns. Mr Gawande discovered that the good checklist is short but not too short. If the list is long, none of the items on it are taken very seriously. You can easily persuade people to agree to things when you ask them to mechanically...
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The Manual Of Ideas: Jacob Wolinsky's Interview With Guy Spier
I can, however, talk a little bit about creating the checklist and provide some examples. The process of creating a checklist is very simple and works the same way the Federal Aviation Administration does it. You look for mistakes — yours, mine, Warren...
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Malcolm Gladwell Reviews Atul Gawande's Latest Book: The Checklist Manifesto
I can't wait to read this book! As Charlie Munger says: "Checklist routines avoid a lot of errors. You should have all this elementary [worldly] wisdom and then you should go through a mental checklist in order to use it. There is no other procedure...
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Testing, Testing - By Atul Gawande
Thanks to Farnam Street for passing Dr. Gawande’s latest piece along. There are, in human affairs, two kinds of problems: those which are amenable to a technical solution and those which are not. Universal health-care coverage belongs to the first...
Money and Finance