Just flew over from Sweden and as usual I scoured the airport bookstores in Stockholm and Amsterdam to check their latest book trends and ooohhh sooo exy prices there!! 20 quid for a book?! That i can get from 99p to just over a fiver? I guess I do my due diligence on the pricing of books I invested in too but here is my favourite read that I started in my last Birmingham trip. 📚 Super Thinking — Book Summary By Gabriel Weinberg & Lauren McCann 🧠 What’s the Book About? Super Thinking is a practical guide that introduces mental models — powerful thinking tools used by top decision-makers, investors, and problem-solvers — to help you think clearly, avoid bias, and make better decisions in work and life. Mental models are frameworks that help you understand reality, predict outcomes, and choose wisely. 🔍 Key Concepts: 1. 🧩 Mental Models as Building Blocks Just like LEGO pieces, the more mental models you collect and use together, the better your decision-making becomes. The authors call this having a “latticework of models.” 2. ⚖️ First-Order vs Second-Order Thinking First-order thinking = surface-level (“This house is cheap — I’ll buy it!”) Second-order thinking = deeper consequences (“Will this area appreciate? What type of tenant will this attract?”) 🧠 Smart people think in layers. 3. 🚦 Cognitive Biases & Fallacies The book covers common traps like: Confirmation Bias — only seeing what supports your belief Sunk Cost Fallacy — continuing something because you've already invested in it Survivorship Bias — only seeing the winners, not the failures You must learn to spot and sidestep these traps. 4. 🏗️ Core Mental Models by Category Here are just a few covered: Maths & Statistics: Regression to the mean, Probabilistic thinking, Compounding Economics: Opportunity cost, Incentives, Scarcity, Externalities Systems Thinking: Bottlenecks, Feedback loops, Emergence Psychology: Reciprocity, Social proof, Commitment & consistency Business Strategy: Competitive advantage, Barriers to entry, Network effects 5. 🔁 Invert, Always Invert A principle borrowed from Charlie Munger: Don’t just ask “What will make this work?” Ask: “What could make this fail?” Then avoid that. 💥 Final Takeaway: "To be a super thinker, don’t just think harder — think in better models." Good decisions come from understanding how the world works, and mental models are the shortcut. ✅ How This Applies to YOU (and property investors): If you’re investing without understanding incentives, second-order consequences, or opportunity cost — you're not investing, you're gambling. Adopt models, stress test your thinking, and get ahead not just by doing more, but by thinking better. 🔥 Want a copy of my favourite models for property investing, finances & business? Drop a 🧠 below or DM “SUPER THINKER” — I’ll send it your way. #SuperThinking #MentalModels #PropertyInvesting #BetterDecisions #InvestorMindset #CognitiveBias #SmartThinking #FinancialIndependence #DecisionMakingTools #InvestLikeAPro

Posted by Lily Claudia HammarlundSim at 2025-04-25 05:43:57 UTC