I just got back from Asia and have been jet-lagged. Consequently, my mental clock-speed is not yet back to normal.
It got me thinking about productive output ... and how to increase it.
According to
VisualCapitalist, the level of a person’s raw intelligence, as measured by aptitude tests such as
IQ scores, is generally pretty stable for most adults.
While it’s true that there are things you can do to fine tune your natural capabilities (such as doing
brain exercises, puzzle solving, and getting optimal sleep) – the amount of raw brainpower you have is difficult to increase in any meaningful or permanent way.
For those of us who constantly strive to be high-performers in our fields, this seems like bad news. If we can’t increase our processing power, then how can we solve life’s bigger problems as we move up the ladder?
The good news is that while raw cognitive abilities matter, it’s how you use and harness those abilities that really makes the difference.
The world’s most successful people, from
Ray Dalio to
Warren Buffett, are not necessarily leagues above the rest of us in raw intelligence – they have simply developed and applied better mental models of how the world works, and they use these principles to filter their thoughts, decisions, strategies, and execution.
Today’s infographic comes from best-selling author and entrepreneur
Michael Simmons, who has collected over 650 mental models through his work. The infographic (in a similar style to one VisualCapitalist previously published on
cognitive biases) synthesizes these models down to the most useful and universal mental models that people should learn to master first.
Concepts such as the 80/20 rule (
Pareto’s Principle), compound interest, and network effects are summarized in the visualization, and their major components are broken down further within the circle.
If you want to be a top performer, it’s worth looking into mental models. They can help you better frame reality, so that you can harness your intelligence and effort in the most effective way possible – and it’ll allow you to deliver results along the way.
A Quick Visit to Cuba
I went to Havana with a diverse group of business people, financial professionals and representatives from the US Fed.
Here is a photo taken with some of the classic cars that proudly dominate the roads despite cheaper Russian and Chinese alternatives.
The city was beautiful … dirty and broken, for sure … but still beautiful. Here is a view from my hotel room.
I commented that it was almost like seeing a severely wounded elephant. You can tell that it's hurt (and barely a shadow of its old self). Nevertheless, you can see the amazing bone structure. It is easy to imagine what it once was.
In Cuba, the geography and the architecture are amazing. However, money hasn't been spent on the upkeep. Even though people live there, it seems surreal (almost like a post-apocalyptic wasteland).
In the story of Exodus, the Jews spent 40 years wandering the desert after escaping from Egypt. That means two generations of people, who didn't remember life as slaves, were ultimately the ones who entered the “Promised Land”.
On some level, that's how Cuba is now. Most inhabitants weren’t born (or can’t remember) the 1960s. They have known nothing but this.
Cuba is an interesting place … and I’d bet that it has an interesting future.
The “lack” had a side effect. It produced a mutation. A portion of society grew more resourceful and resilient.
Like natural selection … nature finds a way.
The rules change, the players change, even the game itself changes ... That is how new ideas and new leaders emerge.
Sometimes, almost no one notices. Sometimes they do.
Ultimately, change remains the only constant.
Onwards!
Posted at 03:45 PM in Art, Business, Current Affairs, Ideas, Market Commentary, Trading Tools, Travel | Permalink | Comments (0)
Reblog (0)