Why Mental Models?

In this episode of The Knowledge Project, I have on the show one of my favorite people: Sanjay Bakshi.
Sanjay is one of India’s most recognized finance professors. He teaches a course entitled Behavioural Finance and Business Valuation at the Management Development Institute. And while he probably doesn’t want me to mention this, not only is he an amazing teacher; he is also a skilled practitioner. He is one of the most successful investors you will ever meet.
In this interview, we talk about a host of things, including:
Why Sanjay has built an impressive anti-library, yet prefers to read on a Kindle How to develop a multi-disciplinary approach to learning so you’re building breadth as well as depth in your knowledge The clever mental trick Sanjay uses to keep an open mind about problems he’s working on How he teaches his students to seek multiple perspectives when learning something new, and how it impacts their retention and understanding How mental models transformed Sanjay’s investing strategies and spilled into other areas of his life as well How Sanjay filters the deluge of information that’s coming at him every day to focus on the details that are most important. What the most sustainable business models look like and the characteristics they share Whether it’s advantageous to be more intuitive or data-driven in business, and how to develop those traits Which book Sanjay reads three times a year and finds new pearls of wisdom every time he cracks it open ***
For comprehensive show notes on this episode, including a full edited transcript, go to https://www.fs.blog/podcast/
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