Occam's Razor
Among explanations that fit the evidence, prefer the one with fewest assumptions. A thesis that needs six independent things to break right is a parlay rather than a thesis, and when results demand an exotic explanation the dull one usually wins. The same razor cuts portfolios: fewer moving parts, fewer ways to be wrong.
5 books · 5 people behind it · 3 resources
Start here
- The Great Mental Models Volume 1Shane Parrish, 2019
- The Little Book of Common Sense InvestingJohn C. Bogle, 2007
- Ockham's Razors: A User's ManualElliott Sober, 2015
The people behind it 5
Each person holds a book in this entry or names it in their own tags.
Investors 1
Founders 1
Executives 1
Academics 1
Journalists 1
Resources 3
- Occam's Razor: The Simplest Solution Is Always the BestShane Parrish · essay · Prefer explanations that need fewer assumptions.
- Complexity Bias: Why We Prefer Complicated to SimpleShane Parrish · essay · Why investors reward baroque theses over plain ones.
- All Models Are WrongShane Parrish · essay · Box's dictum applied to business and market models.
