Models Flashcards
1
Q
Entropy
A
2
Q
Ergodicity
A
3
Q
Momentum
A
4
Q
Compounding
A
5
Q
Scale
A
6
Q
Leverage
A
7
Q
Opportunity Costs
A
8
Q
Principal-Agent Problem
A
9
Q
Prisoner’s Dilemma
A
10
Q
Darwinian Evolution
A
11
Q
Combinatorial Evolution
A
12
Q
Margin of Safety
A
13
Q
Sunk Cost Fallacy
A
14
Q
Diversification
A
15
Q
Cause & Effect Reasoning
A
16
Q
Social Proof
A
17
Q
Scarcity
A
18
Q
Risk
A
19
Q
Volatility
A
20
Q
Concentration
A
21
Q
Lindy
A
22
Q
Black Swan
A
23
Q
Goodwill.
A
Economic. Accounting. Human.
24
Q
First Principles
A
25
Second-Order
26
Wisdom of Crowds
27
Authority
28
Pascal's Wager
29
Pre-mortem & Post-mortem.
30
Inversion.
31
Co-occurrence, Causation, Correlation
32
Survivorship Bias
Plane. Bullet Holes.
Only see manager's that have survived.
33
Narrative Fallacy.
34
Noise vs Bias
Noise is random error.
Bias is consistent error.