Thursday, March 14, 2019

Editor's Picks - First Principles: The Building Blocks of True Knowledge | Refuse to believe Rcom will let Anil Ambani go to jail, says SBI | A drink older than Coca Cola | Azim Premji's philanthropy | Indians lack skill sets, says IBM chief Rometty | Two Indian women iOS developers ruling the App Store .. & more

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TradeBriefs Editorial First Principles: The Building Blocks of True Knowledge

First-principles thinking is one of the best ways to reverse-engineer complicated problems and unleash creative possibility. Sometimes called "reasoning from first principles," the idea is to break down complicated problems into basic elements and then reassemble them from the ground up. It's one of the best ways to learn to think for yourself, unlock your creative potential, and move from linear to non-linear results.

This approach was used by the philosopher Aristotle and is used now by Elon Musk and Charlie Munger. It allows them to cut through the fog of shoddy reasoning and inadequate analogies to see opportunities that others miss.

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