Dirk PrimbsSomeone just sent me a list of principles for good decision making and I turned them into a #thread for your reference 🙂
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Occam's Razor: When faced with competing hypotheses, choose the one with the fewest assumptions.
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Sunk Cost Fallacy: What you've invested is irrelevant to whether you should continue investing.
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Dunning-Kruger Effect: The less competent someone is, the more they overestimate their competence.
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Hanlon's Razor: Never attribute to malice what can be explained by stupidity.
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Grice's Razor: In conversation, say only what is true, relevant, and clear.
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Hitchen's Razor: What can be asserted without evidence can be dismissed without evidence.
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The Arena Razor: Pay more attention to people who have skin in the game.
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Parkinson's Law of Triviality: Organizations give disproportionate weight to trivial issues, neglecting important ones.
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Principle of Charity: When interpreting someone's statement, you should assume the best possible interpretation, considering the strongest possible version of their argument.
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Brandolini's Law (Bullshit Asymmetry Principle): The amount of energy needed to refute bullshit is an order of magnitude bigger than to produce it.
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Hume's Guillotine (Is-Ought Problem): One cannot derive an "ought" from an "is"; that is, statements of fact (what is) do not logically lead to statements of value (what ought to be).
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Chesterton's Fence: Before you remove a fence (or any established practice or belief), understand why it was put there in the first place.
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Popper's Falsifiability Principle: A hypothesis or theory should be considered scientific only if it is falsifiable.
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Alder's Razor (Newton's Flaming Laser Sword): If something cannot be settled by experiment or observation, then it is not worth debating.
Hedgewizard 🐈@DrkPrmbs
Thank you!
Thank you!