Understanding your circle of competence improves decision-making and outcomes. - Shane Parrish

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Understanding your circle of competence improves decision-making and outcomes.

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About Shane Parrish

Shane Parrish is a Canadian author and podcast host best known for founding Farnam Street (fs.blog), a learning platform dedicated to mastering the best of what others have already figured out. A former intelligence analyst at Canada's Communications Security Establishment, he is the author of Clear Thinking and The Great Mental Models series, and hosts the Knowledge Project podcast, featuring long-form conversations with world-class thinkers on decision-making, leadership, and wisdom.

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Additional quotes by Shane Parrish

When things happen in accord with our view of the world we naturally think they are good for us and others. When they conflict with our views, they are wrong and bad. But the world is smarter than we are and it will teach us all we need to know if we’re open to its feedback — if we keep our feet on the ground.

We also tend to undervalue the elementary ideas and overvalue the complicated ones. Most of us get jobs based on some form of specialized knowledge, so this makes sense. We don’t think we have much value if we know the things everyone else does, so we focus our effort on developing unique expertise to set ourselves apart. The problem is then that we reject the simple to make sure what we offer can’t be contributed by someone else. But simple ideas are of great value because they can help us prevent complex problems.

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