Judgment

Question 1

What is judgment?

Answer 1

Wisdom is the ability to understand or predict the long term consequences of your action. Wisdom applied to external problem is judgement.

Question 2

How to become a clear thinker?

Answer 2

① by not having a strong sense of self.
② build a good foundational layer.
③ having some free time to reflect and come with up with your own philosophy.

Question 3

Difference between contrarian and a conformist.

Answer 3

Contrarian is someone who independently reasons from the ground up and come up with an independent PoV.

Question 4

define beliefs/habits in one line

Answer 4

All habits or beliefs Aru just time saving heuristics. Hena having the abbey to unconditional or release is pretty important in the current so silly society

Question 5

How to become effective a decision making

Answer 5

① always optimise for long term than short term
② shed all your pre- conceived learning’s and focus on the problem

Question 6

Define evolution

Answer 6

Evolultion is just about solving for who gets to mate. Eggs are scarce hence its an optimisation problem.

Question 7

What do you mean by inversion.

Answer 7

In simple words its more about to learn how not to make bad decision. One might know what’s th correct one but always knows what not to do.

Question 8

What is the principal-agent problem?

Answer 8

If you need to get something done. Then do it yourself otherwise send someone else to do it. Individual will always optimise for self and to not the tack at hand. Hence making everyone like a principal can have big impart on the overall outcome

Question 9

Two important heuristics around decision making?

Answer 9

If you cannot decide then the answer is No.
Always run uphillopfimise for short term pain. Law of compounding states that we will get better outcome in the long run