https://youtu.be/xlBN_nT3WB4?is=m0434tHZs0WSOp0m This is the third one of the 4 stacks that form the latticework of all mental models, inspired from the book ‘The Great Mental Models : General Thinking Concepts’ by authors Shane Parrish and Rhiannon Beaubien. It expands to relate how investors can adapt these models. A mental model is a simplified explanation of how something works. Like a map, mental models highlight key information while ignoring irrelevant details. They’re tools for compressing complexity into manageable chunks. Mental models help us understand the world.