Overview

I think that every single day there are many decisions that people make and they all have consequences. And your life essentially depends on the cumulative quality of the decisions you make. You have to be an independent thinker in markets to be successful because the consensus is built into the price. You have to have a view that’s different from the consensus. To win at stocks or entrepreneurship, you must bet against the consensus and be right. — Ray Dalio

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16 Mental Models for Founders and Leaders

Think of mental models as the operating systems (OS) that run in the background of your brain. They're always running - and you've put them together, either consciously or subconsciously, from your experiences and information. Mental models give you a perspective or a frame of mind with which to view the world.

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