How to Make Better Decisions - Decision-Making Mental Models - Using Intuition | Tim Ferriss
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- เผยแพร่เมื่อ 5 ก.ค. 2024
- Tim Ferriss on decision-making heuristics and mental models. Sign up for Tim's free weekly newsletter "5-Bullet Friday' here: go.tim.blog/5-bullet-friday-yt/
Filmed at the Umlauf Sculpture Garden & Museum in Austin, TX.
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About Tim Ferriss:
Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 500 million downloads and been selected for “Best of Apple Podcasts” three years running.
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Take 10 seconds and sign up for my free "5-Bullet Friday" newsletter: go.tim.blog/5-bullet-friday-yt/ Each Friday, you’ll get a short email from me with five things I've discovered that week, sending you off to your weekend with fun and useful things to ponder and try. 🙌
I think I speak on behalf of everyone when I say you've really helped change my life for the better. Thanks so much!
Definitely on mine - Tim is the "good Lex Luthor" we all benefit from.
Definitely! I second this :)
The mental tools I learned from his videos and books have greatly changed my life for the better.
I concur
I don't like people speaking for me but yes the world is better with Tim in it.
It's so weird seeing Tim say "ladies and germs" and not just hearing him, but actually seeing him say it too 😂
Funny finding you over here....
@@crashtestjustin 😂😂 I'm everywhere
Lol u r right but that’s so weird
@@TylerSinden the one who covers all the internet. Your knowledge must be all encompassing 😦
@@crashtestjustin hahah if only...
Perfect is the enemy of done.
Love this.
Making easily reversible decisions as fast as possible is gold to having more decision making energy in life. We often see it as "productivity hacks" (laying out clothes the day before etc..) but extending it to the daily decisions we don't realize have a lasting impact is a great way to safeguard from that daily mental fatigue that builds up much quicker than we would like.
I love the idea behind the "whole body yes." So often the heart, gut, and mind can have different opinions. Going to be using this methodology going forward!
This crazy wack job/spiritual comedian dude Nick Sun taught me to do a similar “body check”. Super interesting, I personally view it as “subconscious you choosing something while pretending to be your body check” but either way it’s equally valid. For me it was extremely subtle but he has a video (how to body test) you can check out, may be useful for difficult decisions.
Whenever I struggle to make a decision(esp. between two choices), I'd feel a lot of contractions in my head when thinking about one option, whereas I don't really have to think twice about the other.
It's almost like I keep trying to convince myself to choose the one I think I "should" do and keep asking myself why I don't want to go for something that is seemingly good even when it doesn't "feel" right. And I end up ruminating endlessly because I can't seem to explain or understand it with reason no matter how hard I try.
But thanks to you, now I know that the right decision should not cause too much struggle and unpleasant sensations in the body. If it feels right then it's probably right, and I should trust my intuition.
Summary:
- If the decision is reversible (it can be cancelled, you can get a refund, etc), save your decision making energy for when the stakes are higher.
- a risk and benefit list is better than a pro and cons list.
- look for a yes signal in your head, heart and gut. if something feels off even after doing risk benefit analysis, go with your intuition which is a no.
- but make sure you don't only use intuition by itself to make a decision.
I've said it so many times, why not say it on his videos: Tim Ferris is one of the greatest, most profound, out of the box, original thinkers of our day. There; now it's written 😎
This just makes me think Tim would be a greater presenter for wildlife shows
Agree, for me intuition in my gut says look further; if gut says no, it is no, if gut and heart are yes, the brain engages to figure out risk and ROI. Learning how to parse gut from fear and gut from greed will calibrate you well. Fear is a false negative, greed is a false positive. If either come up wait to choose, and maybe time will choose for you. Alternative; if i am getting the greed signal, i choose no, as someone or something is appealing to my desire for big outcomes.
Profound words!
there is so much noise in our lives it can be hard to work from intuition, even recognize it., should you want to use intuition. THis can mess up the whole body ... as they interplay. Well worth working on, I imagine it gets more effective the longer you do it.
That "misuse" of intuition a very interesting point.
Great point of reversible and small decisions.
best/most likely/worst case can be good too ... and addressing the ability to deal with worst case scenario. It can take "needless" or excessive, the stress out of decisions.
Great piece.
That was useful. I have been noticing a contraction around a place that I was considering moving but I was thinking that it was just a combination of fear and excitement about making a big move. And my mind keeps coming in to think about all of the potential fun and good things about the location, not taking into account (or overriding) the contracting feelings in my body.
Great advice, I listened to you advice last year in March you mentioned in your podcast (forget which one as I listen to most) don't let this time go to waste. It gave me the idea to start a TH-cam channel which has been a fun challenge, habit that has kept me distracted from the noise and focused on learning something new. Thanks Tim! Keep up the great work!
What's the name of your channel
Agreed so hard on the reversible decisions or flexible. Ones that let you just go ahead and make an action, which you can easily shift away from when needed. Save your energy for the bigger things in life. Appreciate the video TimTim
I think “intuition” can also keep you from doing things you should. For instance, when you know you should and you don’t feel that honest sense of wrongness or gut check but you spend so much time avoiding, dreading, or procrastinating because it’s not something you may necessarily like or enjoy. You can overthink or get worked up thinking of all the reasons you wouldn’t like doing that thing to a point where you practically imagine or manifest a “no” simply to justify doing something else or finding another distraction, kicking the can a bit further down the road.
Great comment, I was recently offered a life changing career opportunity a few community commitments I have which would have had to be dropped sparked something in me which caused that gut feeling to say no, after contemplating and procrastination for 72 hours getting worked up as you have said, I had to turn down the opportunity. As soon as it was taken out of my hands I knew I had made the wrong decision and I’ve been absolutely gutted ever since. Sometimes it’s worth just rolling the dice people! The pain of regret is often way worse than the fear of change. Believe me! I may never get a chance like that ever again!
@@ralphylad wow thank u for ur comment
Thanks Tim, these are great and simple, applicable concepts to sort things out! I now recognise how important it is to concile as much as possible the "practical", the "rational" and the "intuitive" (whatever these mean, but I'm referring to your three main points here). Great talk!
Also, you're looking good man, so happy to see you in such a lovely mood, still good old Tim but a little looser and lighter! Btw, really had a blast diving into #500, amazing stuff, thanks so much for sharing that conversation!!
Straight down to the point and super practical advice. Thank you, Tim.
Your video production has gotten so much better over the years
Great video! Always been confused around What is intuition and what is actually fear of doing something new and the unknown. Great point using risk benefit analysis and doing a whole body scanning.
Tim is a mind reader! Was thinking a lot about decision-making lately. Using intuition and listening to your body is so underrated, and this heuristic is definitely useful. One thing I also do for more significant decisions (after weighing off the usual risk/benefit, pros cons, etc.), is imagining which decision I would regret (more) 3 years from now, 10, and 20 years from now, because we tend to value things differently over various time horizons, and it puts things in perspective.
Love the short form content like this
Thank you for sharing! I came across "Mental Models" in the Almanack of Naval Ravikant recently which made this video catch my eye.
Took action on it by making a mental model for game theory (currently a college student...in game theory):
1. Optimization - making the best decision possible given the constrains (ex: budget, time, etc)
2. Take others decisions into consideration (seeing multiple POVs)
3. Humans aren't robots. Know when to use the numbers or to trust your gut/emotions.
I think the last point relates really well to the intuition you talked about in this video.
Nice
The timing of this is excellent Tim!
This reminded me a bit of the "in-betweenesodes" of the podcast such as the "not-to-do list" or "the art of letting bad things happen". Enjoyed that "vintage Tim" vibe! (Gotta say too that I've been enjoying the more subtle topics you've touched on conversations like the 500th episode and the recent episode with Josh Waitzkin).
Really hoping Tim has batched a tonne of TH-cam videos for us again, need more of this in my life
These are great. Love the short video format! Thanks!
That's so amazing to find it here, Tim! Thank you for sharing it! Went through the course on psychology to get the same definition you share here!
I really appreciate how to check in with your head/heart/gut after a very rational analysis for a big decision; and what to do when on paper it made sense, but the body signs point the other way. I faced this recently -- was a relief to go with my intuition.
incredible video format Tim! I love the nature background!
Timbo! You don't have to do these videos and I thank you deciding to do them. Also, Im reading Principles and was just discussing the reversalable and irreversible decision making. Cheers!
Oddly enough, I’ve not read anything that spoke of the value of reversibility and even though it sounds like common sense, I’d like to read more about it. Do you mind sharing the full title of the book you mentioned?
This is awesome, Tim. Just what I was looking for.
Awesome video quality, Tim!!
I was introduced to mental models initially from 4 Hour Body and I read about *Poor Charlie's Almanack* in Tools of Titans and I read it in addition to Shane Parrish's Farnam Street directory of mental models. I downloaded fs.blog all mental models way back in 2018 and have been using them. Another good read was "*Tao of Charlie Munger*" and I really enjoyed that book. Cheers, thanks for talking about Decision-making mental models.
These are super valuable. More of these tidbits Tim!
Totally agree with this. And glad you’re calling BS on the unprepared who tout their apparent skills or make excuses for sloppy work
Just subscribe. Been looking for this kind of channel. Nice to listen while driving. Improvement is the biggest room in the world.
Thanks!
Thank you Tim for putting out new content.
great that you're calling bullshit on intuition as a license to justify what you want because you want it. spot on
Hoping this is a sign of more video-native content to come. This video, by the way, is looking crissssspppppp.
He’s so hot and well put together in his brain and physique
Really helpful. Used it immediately to make a decision. Thanks Tim!
Beauty! Thanks Tim, I think this will be helpful. Keep up what you’re doing it’s great
Awesome video! I was really struggling with this. And it almost seems like everyone is talking about mental models nowadays. Than you for sharing!
But what if intuition is actually just fear or the unknown? If you say intuition can be used to say "yes", why then can it not be wrong if the feeling is "no"?
How I think about decision-making by Tim
• Marking reversible or fixable decisions as quickly as possible.
• Risk and benefit analysis.
• A whole body yes from brain chest and gut.
Thanks Tim. The whole body yes, mental model is amazing and eye opener for me. God bless you friend!
Oh I love this, what a fabulous piece of information ❤🙏🏼 thank you! blessings ✨
Thanks Tim once again. Love the minimalism and nature setting of the video. Also you seem to be getting younger all the time.
Love videos like this! Keep them coming!!
Tim you are a wizard thanks for all your tips over the years
Thank you for some sweet content Tim!!! I love what you do so much man, thank you for always adding so much value to my life man
One of our most brilliant minds here.
Great simple 3 tips to use when making a decision. Thanks
I needed this. More of these please. and thank you.
Thanks - this was really helpful. From a master over-thinker. Updated my research model temporarily today - at least now I have something to change tomorrow.
I dreamed of Tim tonight, lol we played a sci-fi strategy board game. We had to figure out how to connect but it worked in the end. Cheers Tim! + everyone here! gut + heart + head here we go!
He's a good speaker. Enjoyed the video, thanks. Was helpful.
Mark Manson’s concept of “F*ck yes, or no” has also been helpful in streamlining decision making.
I came to know about "Hell Yes, or No" from Derek Sivers
Very insightful as always. Thank you Tim!
This was awesome, Tim. I have also found if you pick up food in your hand you will feel a yes or no whether it's healthy and good to eat within a few seconds.
Thank you for this video. Would be great to hear more about decision making.
One thing that really helped me on saving a lot of time in decision making is to analyze the delta between the optimum decision and the good enough decision.
Sometimes we debate on such small differences, “X” is better, “Y” is prettier, but the big decision is already made.
so which one do you choose? the optimum decision or good enough decision?
wow the whole body yes tip was gold!
this video was sooooo helpful. Thank you!
UNHELPFUL INTUITION 🤯
Thank you for this wording ✨
Loving this color shirt 🔔
It would be interesting to get your thoughts on making ‘whole body’ based decisions when you have unhealed trauma. The body is after all, the unconscious mind, so if we have fear based beliefs or negative programming where we feel fundamentally unsafe, it will be 10x harder to make accurate/helpful bodily decisions.
Learned this the hard way 😂
Curious to also know if your personal body based decisions were a more reliable source post-psychedelics and trauma processing?
Perhaps an additional consideration is understanding how risk averse you are and how that can lead to an incorrect gut decision. I've never understood Bitcoin as an investment and my risk-averse instinct has consistently told me to stay away, and that has been completely wrong - at least up until now.
Very helpful 🌷 Thank you 💗
Instructions unclear; have anxiety - said no to water, recovering in the E.R.
Thank you Tim!!!
Introspection and intuitive perspective are vital to good decisions. Not only in making good decisions but in survival itself. For example, maybe I shouldn't take that shortcut down that dark alley. For a very simple example.
5:01 😂 I’m not guilty of that
That’s why I searched this video
Thankyou again!
Thank you Tim...you are awesome
there are not many like Tim. but there are more and more.
Thank you Tim 🙏🏻🌟
I feel that risk/benefit ratio is difficult to know usually, thus with big decisions I like to put the worst/best case scenarios and there likelihoods against each other. Also consider even if you fail will you gain experience or relationships you can use in the future?
Thank you buddy, good to see you.
Cool Video Tim :D
Also nice background.
Thank you again
I would like to see more of these. Thanks
I love it when you say ladies and germs.
thank you for this video
Thanks dude I learnt something
Tim have your team
Use an eye light or catch light! Your eyes look dark! Something far away is good or even just a circular bounce board off to one side to give that shine or highlight in your eyeballs! It’s huge, even with pros who have been filming forever, looks like they had great diffusion over yah, but forgot to add the simple little catch light!
This was really helpful
Good one, really helpful thanks 😁
This came at a perfect time! I am reading Poor Charlie’s Almanack
Thank you 😊☕ I'll try listen to it more carefully
U r looking healthy this year Tim 👍🏻
Good stuff Tim!
Thanks Tim 🙏🏼
Wow love this
Found this very helpful. Especially the portion about "head heart and gut" I get myself into lots of trouble when I ignore this, yet I STILL DO IT. Any tips for make sure I listen and OBEY my "head, heart, and gut?"
Ty!! So good
Thanks tim
Good information, thank you!
Thank you
this is awesome!
Hey Tim, YES! If you verbalise a feeling it's Bullshit! Intuition is exactly how you expressed it. Thank you ;-)))
Can you talk more about "risk benefit" shocked i haven't heard of this over pro/con.. or where do recommend i read more on this?
Thanks Tim!
Best podcast and smart man.