February 28, 2024

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Goodhart's Law, Inspired by Curiosity & More

At a glance


Good Morning. Welcome to all the new readers of Faster Than Normal who have joined us since last week!

Here’s what we’ll cover today:

Mental Model: Goodhart's Law.

Insight: Inspired by Curiosity.

Quote: Frugality for Stability.

Question: Overcoming Learning Hurdles.

Parable: The Lion, the Ass, and the Fox Hunting: Learn from Others' Failures.

Cheers,
Alex


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| Mental Model

Goodhart's Law

“When a measure becomes a target, it ceases to be a good measure.”

When we set a specific goal, people tend to optimize for it regardless of the secondary consequences. An employee is rewarded by the # of cars sold. They try to sell more cars, even at a loss.


| Insight

Curiosity fuels creativity.

Challenge: List five questions about a topic that piques your curiosity. Spend time researching and exploring these questions.

Example: How does the brain process memories? How do different cultures approach storytelling? How can technology improve education?


| Quote

Benjamin Franklin, a polymath, inventor, and one of America's founding fathers, on the power of frugality:

"Beware of little expenses; a small leak will sink a great ship."


| Question

Consider a skill or hobby you've always wanted to learn but haven't yet pursued. What has been holding you back, and what small step could you take today towards that learning?


A Visual I Enjoyed

The Lion, the Ass, and the Fox Hunting: Learn from Others' Failures

The Story: A Lion, Ass, and Fox were all hunting together. After they had acquired a great deal of food, the Lion asked the Ass to divvy up the spoils. The Ass divided the food into three equal parts and asked the Lion to choose what he wanted. The Lion then attacked and ate the Ass. After he finished eating, he asked the Fox to divvy up the food. The Fox gathered all of the food into one heap and only kept a little for himself. The Lion said, "Ah, friend, who taught you to make so equitable a division?" The Fox replied that he needed no other lesson than the Ass's fate.

Have a wonderful Wednesday, all.

Until next time,

Alex


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