«Remember that all models are wrong; the practical question is how wrong do they have to be to not be useful.» - Shane Parrish

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«Remember that all models are wrong; the practical question is how wrong do they have to be to not be useful.»

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Additional quotes by Shane Parrish

Clarifying your thinking and explaining the origins of your ideas. (Why do I think this? What exactly do I think?) Challenging assumptions. (How do I know this is true? What if I thought the opposite?) Looking for evidence. (How can I back this up? What are the sources?) Considering alternative perspectives. (What might others think? How do I know I am correct?) Examining consequences and implications. (What if I am wrong? What are the consequences if I am?) Questioning the original questions. (Why did I think that? Was I correct? What conclusions can I draw from the reasoning process?)

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