Multiplying By Zero
Anything multiplied by zero is zero. In a multiplicative system, a chain is only as strong as its weakest link.
Availability Heuristic
A bias to utilize the information that first comes to mind when making choices.
Activation Energy
The smallest amount of energy required for a chemical reaction to happen.
Margin of Safety
A contingency or buffer to keep one safe from a negative or unfortunate outcome.
Hanlon’s Razor
Never attribute to malice that which is adequately explained by stupidity.
The Map Is Not The Territory
A map is not reality; it represents a territory. In this context, a map is symbolic, a model of reality.
Mr. Market
A fictitious investor whose illogical and conflicting reactions to the stock market represent the trappings of groupthink.
Second Order Thinking
The ability to reason beyond the obvious to interrogate decisions, and their consequences.
Pareto Principle
An observation that almost everything in the world has an uneven distribution — 80% of effects come from 20% of causes.
Margin of Safety
A contingency or buffer to keep one safe from a negative or unfortunate outcome.
Hanlon’s Razor
Never attribute to malice that which is adequately explained by stupidity.
The Map Is Not The Territory
A map is not reality; it represents a territory. In this context, a map is symbolic, a model of reality.
Mr. Market
A fictitious investor whose illogical and conflicting reactions to the stock market represent the trappings of groupthink.
Second Order Thinking
The ability to reason beyond the obvious to interrogate decisions, and their consequences.
Pareto Principle
An observation that almost everything in the world has an uneven distribution — 80% of effects come from 20% of causes.
