Money and Finance
Love Mental Models? Study Threshold Concepts! - by Miguel Barbosa
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Love Mental Models? Study Threshold Concepts!I think that understanding how to learn about mental models remains (unexplored and unpopular). In other words, the journey that every aspiring renaissance thinker must undertake in order to become “worldly” isn’t as talked about or referenced. Here are some questions around this area:
How can we facilitate the discovery, learning, & comprehension of mental models?
What are the stages/phases in the learning of new mental models?
How does our perception/understanding change as we learn new concepts?
Recently, I came across a new area in pedagogy that changed my thinking about acquiring worldly wisdom. Specifically, I stumbled across a paper titled, “Threshold Concepts & Troubling Knowledge Linkages to Learning & Practice ” by Meyer and Land. This paper identifies the challenges and phases of learning new concepts (mental models). Furthermore, according to the authors, on our journey towards learning there are “threshold concepts” i.e. levels/gateways that we need to cross before mastering a subject.
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Oaktree Insights: Investing in Real Estate [H/T ValueWalk] (LINK) In this Oaktree Insights paper, John Brady (Real Estate Portfolio Manager) explores the introductory concepts of real estate investing and provides an overview of Oaktree's investment...
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I've seen this before, but it's probably about time for a re-read [H/T @CravenPartners]: James Montier: Seven Sins of Fund Management Latticework Of Mental Models : Mental Accounting (LINK) What Investors Can Learn From the Oil Bust - by...
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A Dozen Things Learned from Charlie Munger about Making Rational Decisions (LINK) A Dozen Things Learned from Charlie Munger about Mental Models and Worldly Wisdom (LINK) Related book: Charlie Munger: The Complete InvestorJason Zweig: 5 Things...
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June 2009 Paper: “no One Saw This Coming” – By Dirk Bezemer
This paper was mentioned in Steve Keen’s new and expanded edition of Debunking Economics, which comes out in October in the U.S. I was fortunate enough to receive an advanced proof of the book, which is one that I think is going to be very important...
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Gary Klein On Insight
Found via Simoleon Sense. What's the tradeoff between people using their experience (people using the knowledge they've gained, and the expertise that they've developed), versus being able to just follow steps and procedures? We know from...
Money and Finance