Principles
Biases, laws, and rules of thumb that hold up for a lifetime.
Biases
Confirmation bias
We search for, interpret, and remember information in a way that confirms what we already believe.
Survivorship bias
Drawing conclusions only from the cases that made it through a filter, while ignoring the ones that didn't. The planes that came back show you where bullets don't kill.
Sunk cost fallacy
Continuing something because of what you've already put into it, rather than what it will give you from here on.
Dunning–Kruger effect
People with little skill in an area tend to overestimate their ability; experts tend to underestimate theirs.
Hindsight bias
After an outcome is known, it feels like it was obvious all along.
Availability heuristic
Judging how likely something is by how easily examples come to mind.
Laws
Segal's law
A man with a watch knows what time it is. A man with two watches is never sure.
Goodhart's law
When a measure becomes a target, it ceases to be a good measure.
Parkinson's law
Work expands so as to fill the time available for its completion.
Hofstadter's law
It always takes longer than you expect, even when you take into account Hofstadter's law.
Pareto principle
Roughly 80% of the effects come from 20% of the causes.
Conway's law
Organizations design systems that mirror their own communication structure.
Gall's law
A complex system that works is invariably found to have evolved from a simple system that worked.
Brandolini's law
The amount of energy needed to refute nonsense is an order of magnitude bigger than that needed to produce it.
Lindy effect
The longer an idea or technology has survived, the longer it is likely to keep surviving.
Murphy's law
Anything that can go wrong will go wrong.
Razors & heuristics
Occam's razor
Among competing explanations, prefer the one that makes the fewest assumptions.
Hanlon's razor
Never attribute to malice that which is adequately explained by stupidity.
Chesterton's fence
Don't remove a fence until you know why it was put up in the first place.
The map is not the territory
A model of reality is not reality itself. Every map leaves something out.
Inversion
Invert, always invert. Ask what would guarantee failure, then avoid it.