Insights from ‘Clear Thinking’ by Shane Parrish Flashcards

1
Q

True or False: Problems in life are similar to the accumulating blocks in Tetris.

A

True

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2
Q

What are the four default decision types that can lead to problems if unchecked?

A

Inertia, Social, Emotional, Ego

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3
Q

Describe the ‘inertia default’ in decision-making.

A

Continuing to do what you’ve always done, such as staying too long in a job that makes you miserable.

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4
Q

How does the ‘social default’ influence decision-making?

A

It leads you to follow others’ expectations, like drinking alcohol because those around you do.

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5
Q

What is a strategy to counteract inertia decisions in career or business?

A

Spend time regularly learning and refining skills or exploring new opportunities.

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6
Q

Fill in the blank: ‘If you’re not thrilled to do something, use the _____ rule and politely decline.’

A

hell yeah or no

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7
Q

Name one rule to manage decisions made under the ‘emotional default’.

A

Count to five before responding when angry, or avoid keeping junk food at home.

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8
Q

How does the ‘ego default’ affect decisions?

A

It can lead to overconfidence, ignoring warnings, and pursuing high-status roles or investments without due diligence.

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9
Q

What question can help counteract ego-driven decisions?

A

‘How might I be wrong?’

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10
Q

True or False: Simplifying decisions in life is similar to hoping for a straight block in Tetris.

A

True

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11
Q

Describe a method to determine the most important factor in a complex decision like buying a car.

A

Use sticky notes to compare factors until the most important one emerges.

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12
Q

When should you make a decision A.S.A.P. (as soon as possible)?

A

When the decision has low consequences and is easily reversible.

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13
Q

When is it best to delay a decision A.L.A.P. (as late as possible)?

A

For decisions with long-lasting consequences that are hard to reverse.

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14
Q

Give an example of a decision where it is wise to use the A.L.A.P. approach.

A

Buying a home or agreeing to a major project.

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15
Q

How can you tell if you’ve waited too long to make a decision?

A

If additional research stops yielding new insights or only strengthens confirmation bias.

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16
Q

Fill in the blank: ‘Life is like a game of _____, where clear thinking helps keep problems low.’

A

Tetris

17
Q

What is the benefit of taking a barbell approach to decision-making?

A

It allows quick decisions for minor matters and ample time for big, impactful decisions.

18
Q

True or False: Shane Parrish suggests slowing down for all decisions.

A

False

19
Q

According to Parrish, what should you simulate to avoid defaults in decision-making?

A

Imagine how each default might impact your life and create rules to counter them.

20
Q

What is a practical visualization for knowing when to act on an opportunity?

A

Visualizing a stock that has bottomed out and begins to rise, buying after a higher low appears.