Indeed good examples,Regards South Africa 🇿🇦. Its a pity 😕 you got distracted with the pinnacle example of Elon Musk. I suggest you, you correct the video 😉. And tag the new link. If it gains momentum 💪, then you can delete this one. Nonetheless, I certainly enjoyed your Video 📹.
In terms of percentage, she Is correct the savings are at least 86%. Because 50% will be if the costs were reduced from 600 to 300 and 75% will be if costs were reduced from 600 to 150. Consequently ,the reduction from 600 to 80 dollars 💸 cannot be 14% But rather about 86%. Therefore her conclusion is correct by saying the costs savings are at least 50%. Regards South Africa 🇿🇦
I liked the vide. You helped me understand first principles thinking better. The schools I went to didn’t teach first principles thinking, just memorize.
hey miss thank you for the explaining how to think by first principles, "do not assume{dont take problem as a whole try to break it down}, keep questioning until you can"
I have been searching youtube for a video that explains the thinking process of first principles and I think this video is one of the best if not the best that uses a practical example anyone can follow. Edit: That clever reminder to question our assumptions ( Or Or ) really helps me to jump-start the first principle questioning process.
Got a better understanding of first principle thinking with the two examples you walked through here than watching other videos on it .. nicely explained! Thanks.. Have you stopped posting videos ?
Great video! I really enjoyed this video and the examples. I’m studying First principles right now because it seems to be a very powerful mental model.
Beeba! Yay, glad you found it useful. I'm finding it hard to find a new complex topic I could simplify just like in this video. When you have something in mind, please let me know.
Hello guys! I'm excited to share this with you as many of you were asking some resources for First Principles Thinking. Lo and behold, I met an extraordinary guy a couple of days ago and shared with me this site which is all dedicated for First Principles Thinking! It's a bigger and wider set of resources covering Math & Statistics, Physics, Game Theory and many more! Have fun in this site! fpt.guide/
2:40 you won’t know if it’s a true first principle, just that it’s as close as you’ve gotten so far. This will change as you learn, just as atoms were first principles in physics before we learned they too could be broken down
For clarification, ELON MUSK's answer to space travel is to minimize the cost of launches, and the only way to minimize the cost is to make the rocket itself reusable. But you really have a good video just keep it up.
what has battery packs have to do with spaceships !!! Batteries are for cars, not for spaceships. The problem with spaceships it was that they were not reusable !!!
4:16: careful not to move laterally too; it’s good that this person actually just wanted to feel free, but this took them to an existential place instead of giving them the first principles of making more money. Not wrong; I just want to note that first principles thinking should direct you through the subject matter ie. Aiming for the First principles of dieting should result in something more akin to “calories-in/calories-out” than something like self-acceptance (self acceptance is powerful and valid, it just isn’t a first principle of dieting)
I appreciate you making this video a lot. However, I would strongly suggest you look into premises and conclusions and perhaps symbolic logic because your first principles calculations happen to be incorrect. "I feel free when I travel" is not a first principle of "I want to quit my job" (your conclusion doesn't follow logically from your premise, even if we take into account analyzing premises and conclusions with a first principles twist of sorts). Correct first principles (if you wanted to break that down further would have been): "I have a job" or "I have wants" or "Jobs exist" or "quitting is a job is possible in my country." If you wanted to do a premise and conclusion breakdown for example, you could have used syllogism like this: (Premise) I want to quit my job (Premise) I pursue things that I want (Premise) I feel free when I travel (Premise) Quitting my job would allow me to travel _ _ _ (Conclusion) Therefore, I will pursue quitting my job, which will allow me travel, and would make me feel free
Joseph, I wasn't able to find any that's why I made this to organize my thoughts. Following First Principle Thinkers will help a lot. Let me know if you find something, thanks!
@@primalthinker7102 No problem :) Sorry if my initial comment sounded rude by the way. And I just noticed that I need to freshen up with logic as well, because the syllogism I put as an example is basically totally wrong lol. If syllogisms interest you, check out videos on youtube about it or read books on logic, symbolic logic, predicate logic, sentential logic, or premise/argument form. It can go by a lot of different names, I'm not sure why
@@monkeystylle Personally I've looked over and over on amazon and I haven't been able to find a book on first principles. I feel like the best source is a video on youtube where Elon Musk explains it. Just youtube "Elon Musk first principles" and there's a video where he and his interviewer are both wearing black t-shirts
I find myself in the same situation you describe most of the time. And isn't it the beauty of this life? Discovering the core truths within truths and using that wisdom to better our lives.
