Alex Brogan Profile picture
Feb 17 9 tweets 3 min read
5 concepts to level up:

Delayed Gratification
Base Rate Neglect
Neglect of Probability
Friendship Paradox
Woozle Effect

Thread 👇
Delayed Gratification

The process an individual undergoes when resisting the temptation of an immediate reward in preference for a later reward

We live in a world of instant gratification: those who master the power of delayed gratification are the ones who win long term
Base Rate Neglect

A tendency to ignore the a priori probability of something by putting heavier weight on appealing information about an individual’s case

Only 3% of applicants make it into this school, but my daughter is brilliant. I’m sure they’re going to accept her!
Neglect of Probability

The tendency to disregard probability in decision making under uncertainty. Small risks are either neglected entirely or hugely overrated

Hindsight bias is a common result of the tendency to neglect probability
Friendship Paradox

Most people have fewer friends than their friends have, on average

People with more friends are more likely to be one of your friends (sampling bias)

In reality, it's a contradiction because most people believe they have more friends than their friends have
Woozle Effect

When frequent citation of previous information that lacks evidence misleads individuals into believing it’s evidence

"A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth"
If you enjoyed this thread, head back up to the first Tweet and give it a RT so more people can enjoy it 😄

For more mental models, concepts, and frameworks follow me
@_alexbrogan
#thoughts #performing #psychology #systems #highperformance

I’m sharing ~1500+ mental models over a 100-day sprint

They’ll cover areas such as startups, general thinking, high-performance, marketing, psychology, economics, science, systems, investing, learning and more
You can also get a weekly wrap of all the mental models I've posted through my newsletter every Sunday here:
getrevue.co/profile/alexbr…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Alex Brogan

Alex Brogan Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

:(