# Has anybody come up with a good theory of risk aversion focused on innovation?
Maybe a more applied version of loss aversion from [[Thinking Fast and Slow]]

Inspired by [[Lever of Riches]] 
           


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Sönke Ahrens

Connections create new knowledge

People will remember you more if you elicit an emotional response

In modernity objects are becoming more simple and society is becoming more complex

Idea sex

Generalists create connections between high-degree nodes

Conversation with Sophie Yang at the Moon

Slip boxes boxes are a possible way to create paradigm shifts

Say ‘X is more important than Y’ instead of ‘X is important’

People will remember you more if you stay on their radar

How do slip boxes deal with facts?

The slip box is the platonic writing style

How do you do reference notes for fiction?

How do you find the note that is on the tip of your mind?

How do you know which concepts in each discipline are most powerful?

If lit notes should be resummarizations, what about the juicy details or examples from references?

It’s expensive to experiment with brain-externalizing systems

My System

We are really bad at knowing the structure of our own minds and especially our future minds

What do you do when you just see a connection between two pieces of literature?

# How to Take Smart Notes
- Elaboration is the most important learning method
- Elaboration is the technique of connecting to other topics
- Page based KPIs do not work well for non fiction
- Thinking requires internalization
- Forgetting is actually our brain filtering
- Elaboration connects new knowledge to old knowledge more effectively
- Note sequences are important
- It is ok to assign context-relevant keywords sparingly
- Lehmans system is especially good at finding structural patterns between two systems
- The slip box acts like a nit picking partner 
- The slip box allows you to get feedback without another person
- The value of the slip box is interconnected ideas
- P75 Raw quotes require context that isn’t there - use them soaringly
- P79 Explicitly note counterarguments 
- The goal of the slip box system is to create *causal* connections
- Literature notes need to be resummarizations
- Oral arguments allow you to get away with unfounded claims
- Reading without taking notes enables you to make unfounded claims to yourself
- Effective reading techniques mirror effective teaching techniques
	- <This needs an example>
- Slipboxes help surface and make explicit paradoxes which let us know the edge of a paradigm 
- The slip box should allow you to encode the most powerful concepts in each discipline
- Create a latticework of theories and mental models to stick information to 
- The five techniques to understand things are 
1. Elaboration
2. Variation
3. Spacing
4. Contextual interference
5. Retrieval 
- Comparison and little differences lead to breakthroughs
- Ask about counterfactuals
- It is better for complexity to be from the system, not the components of the system
- p130 - literature notes should be of the form “on page X it says Y”
- p131- structured systems allow you to compare ideas 
- p133 - brainstorming was invented in 1919
- p133 - brains more easily remember things that have emotional content and are recent  [[Thinking Fast and Slow]]
- p136 Familiarity with the details of a subject let you be creative 
- p136 - when you’re writing, it is important to be able to opporunistically change objective

## Author
- [[Sönke Ahrens]]

### Related
- [[§Slipbox Systems]]


                        

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Shadows of the Future

People are more averse to short term losses than they are attracted to long term gain

Untapped technical people near the end of their careers may have more potential than young people

# Loss aversion
People weight losing some amount more heavily negatively than gaining the same amount positively. 

Instead of a 

Described in [[Thinking Fast and Slow]]
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Systems must take performance hits to get out of local optima

A technology’s value is relative to the amount of value it unlocks

# People are more averse to short term losses than they are attracted to long term gain
This is a particularly intense instantiation of [[Loss aversion]] because it combines with [[Time discounting]] so the positive is even more heavily discounted.

### Related 
This is one of the reason that [[Asymmetric career risk]] happens. 
[[Tail risk and long term thinking are inherently tied because of the probabilities involved]]

### References
- [[Thinking Fast and Slow]]



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How to Take Smart Notes

Amos Treversky

Loss aversion

Has anybody come up with a good theory of risk aversion focused on innovation?

# Thinking Fast and Slow
### Published
## Questions
## Thoughts
## Related
## Authors
- [[Daniel Khaneman]]
- [[Amos Treversky]]
## Link

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Ben's working notes

Thinking Fast and Slow

Published

Questions

Thoughts

Related

Authors

Link

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