Rank options by how bad their worst plausible outcome is, then pick the one whose bad case is least bad. Averages and upside get ignored on purpose. Use it when a single bad scenario would end the game, and say out loud whose bad case you are protecting.
Compare the gain with construction, reading, switching, and maintenance cost for the actual person and setting. A useful map may still cost more than it saves.
Theodore Wright's empirical observation that the cost of producing something decreases by a consistent percentage every time cumulative production doubles—typically 10-25% cost reduction per doubling
Kahneman's acronym for the mind's tendency to construct the best possible story from available information—without considering what information is MISSING
The systematic failure where investors seeking higher returns take on escalating, poorly understood risks—a pattern that reliably precedes financial crises
Zakat is the obligatory annual wealth tax in Islam -- one of the Five Pillars -- requiring Muslims who hold wealth above a minimum threshold (nisab) to give 2.5% of their net assets annually
The psychological finding that incomplete tasks occupy more mental space than completed ones—unfinished business creates a persistent cognitive tension that demands resolution
The preference for completely eliminating a risk over a larger reduction in overall risk—choosing certainty of zero risk in one area over greater total risk reduction across all areas
The fundamental distinction between interactions where total value is fixed (zero-sum: poker, market share competition) and interactions where total value can change (non-zero-sum: trade, knowledge sharing, innovation)
Zhuangzi's parables of skilled practitioners — Cook Ding carves an ox for nineteen years without dulling his blade — model mastery that transcends technique