The Razors (to help you cut through life’s noise) by Sahil Bloom!
Sahil Bloom came on to The James Altucher Show to talk about The Razors that help you cut through life's noise!
Below are some of the razors from the thread, and links to the episode as a thread as well!
Podcast Link:
Twitter Thread by Sahil Bloom: https://twitter.com/SahilBloom/thread/1409127007250751490
Thread by Sahil Bloom: https://twitter.com/SahilBloom
1. The ELI5 Razor
If someone uses a lot of complexity and jargon to explain something to you, they probably don’t understand it.
2. Munger’s Rule of Opinions
Opinions aren’t free. You have to work to earn the right to have them.
3. Buffett’s Rule of Holes
When things aren’t working, change course and try something different.
4. The Paul Graham Crazy Idea Razor
If someone proposes a crazy idea, ask:
(1) Are they a domain expert?
(2) Do I know them to be reasonable?
If yes on (1) and (2), you should take the idea seriously, as it may be an asymmetric bet on the future.
5. The Boaster’s Razor
Truly successful people rarely feel the need to boast about their success.
If someone regularly boasts about their income, wealth, or success, it’s fair to assume the reality is a fraction of what they claim.
6. The Duck Test
You can determine a lot about a person by regularly observing their habitual characteristics.
7. Occam’s Razor
The simplest explanation is often the best one.
8. The Buffett Reputation Razor
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.” - Warren Buffett
9. The Nassim Taleb “Look the Part” Razor
If forced to choose between two options of seemingly equal merit, choose the one that doesn’t look the part.
10. Hitchens’ Razor
What can be asserted without evidence can also be dismissed without evidence.
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