Here are 5 Invariant Principles for dealing with others:
1. Contrast matters

For example: Being slightly kinder than average is rewarded, while being slightly less kind than average is punished asymmetrically.
2. Don't keep score

For example: If you're keeping score in any relationship, it's already over.
3. Take the high road

For example: Have patience for all but malicious acts. Be humble. Don't make excuses. Don't speak for others or talk about them behind their back.
4. Win/Win is the way

For example: The key to making life easier the older you get is a history of relationships where everyone wins.

Trust can't happen without time. Time can’t happen if someone is losing.
5. Go First; Go Positive

For example: One of the most powerful behavioral algorithms we're hard-wired with is tit-for-tat.

You can easily make this work for you by going positive and going first.
Consistently combine these and you can't help but "win" at life.
If you like this, sign up for my weekly newsletter, full of timeless wisdom for work and life.

fs.blog/newsletter/

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More from @ShaneAParrish

2 Feb
I've taught thousands of people make smart decisions without getting lucky.

Here is a thread on 5 of the biggest reasons we fail to make effective decisions.
1. We’re unintentionally stupid

We like to think that we can rationally compute information like a computer, but we can’t. Cognitive biases explain why we made a bad decision but rarely help us avoiding them. Better to focus on these warning signs something is about to go wrong.
Warning signs you’re about to do unintentionally something stupid: You’re tired. You’re emotional, in a rush, distracted, operating in a group, or working with an authority figure.

The rule: Never make important decisions when you’re tired, emotional, distracted, or in a rush.
Read 13 tweets
5 Jan
Success is largely the standards you set for yourself.
The people you hang around.
The information you consume.
The habits you choose.
The food you eat.
Most of our standards are inherited by chance nurture: our parents and our environment.

Exceptional people have exceptional standards. If you're lucky, at a young age you work closely with a true master.

If you can't learn exceptional standards firsthand, there is another path:
Read 4 tweets
27 Dec 20
Top 5 conversations of 2020 on @TKPPodcast as voted by number of listens in first 30 days.

👇👇👇
Episode 82 Bill Ackman (@BillAckman)

The legendary activist investor talks about lessons he’s learned growing up, raising a family, what drives him forward and back up from failure, consuming information and ideas, and facing criticism.

fs.blog/knowledge-proj…
Episode 94: Chamath Palihapitiya (@chamath)

The Founder and CEO of Social Capital reveals what it means to be an observer of the present, how to think in first principles, the psychology of successful investing.

fs.blog/knowledge-proj…
Read 9 tweets
10 Dec 20
There is a mental model known as inversion.

And it is one of the most powerful thinking tools you can incorporate into your daily life.

Here's how you can use it to think better.

👇👇👇
The trick to inversion is simple: figure out what you don’t want and avoid it.

Charlie Munger, the legendary partner of Warren Buffett summarized inversion when he said, “All I want to know is where I’m going to die, so I’ll never go there.”
Problems get easier when you turn them around. Rather than ask what you can do to be happy, avoid all the things that make you miserable.
Read 13 tweets
27 Nov 20
There is a concept known as probabilistic thinking.

Here is how you can use it in work and life.

👇👇👇
Probability means different things to different people.

Probabilistic thinking is essentially trying to estimate, using some tools of math and logic, the likelihood of any specific outcome coming to pass.
The core of probabilistic thinking is understanding that nearly infinite alternative outcomes could have taken place than did. This means nearly infinite possibilities are possible going forward, which doesn’t mean they are equally probable.
Read 11 tweets

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