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Created page with "'''Second-order thinking''' (also called second-level thinking) involves deliberately looking beyond the immediate, obvious consequences (first-order effects) of a choice to a..."
'''Second-order thinking''' (also called second-level thinking) involves deliberately looking beyond the immediate, obvious consequences (first-order effects) of a choice to anticipate the subsequent ripple effects, chain reactions, long-term implications, and unintended outcomes. It is a powerful mental model for superior decision-making that was popularized by investor Howard Marks in his book The Most Important Thing (2011). Seconder order thinking separates average thinkers from exceptional ones — especially in investing, strategy, leadership, and life decisions.
Second order thinking frequently discussed by investors Ray Daliom Shane Parrish (Farnam Street), and others.
Second order thinking frequently discussed by investors Ray Daliom Shane Parrish (Farnam Street), and others.