Cedric Chin

Cedric Chin

The Best Way to Learn From Other People's Experiences

Why bother learning history, when history isn't likely to repeat itself? We take a look at what Cognitive Flexibility Theory tells us about the best way to learn from other people's experiences.

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Take a Simple Idea and Take It Seriously

There's a saying commonly attributed to Charlie Munger that goes 'Take a Simple Idea and Take It Seriously'. Work out all the implications. Seek out all the case studies. Here's a story of two investors who did exactly that.

Believability in Practice

Believability is a criterion for evaluating practical advice, originally articulated by Ray Dalio in his 2017 book Principles. These are some notes from practice.