Elon Musk's 3 Rules To Learning Anything

I do think there's a good good framework for thinking it is physics you
know the sort of first principles reasoning generally, What I mean by that is boil things down to they're fundamental truths and reason up from there as opposed to reasoning by analogy....Elon Musk's 3 Rules To Learning Anything

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🎓 ELON MUSK ON THE POWER OF THINKING FOR YOURSELF :

In 2002, Musk began his quest to send the first rocket to Mars—an idea that would eventually become the aerospace company SpaceX.

He ran into a major challenge right off the bat. After visiting a number of aerospace manufacturers around the world, Musk discovered the cost of purchasing a rocket was astronomical—up to $65 million. Given the high price, he began to rethink the problem.

“I tend to approach things from a physics framework,” Musk said in an interview. “Physics teaches you to reason from first principles rather than by analogy. So I said, okay, let’s look at the first principles. What is a rocket made of? Aerospace-grade aluminum alloys, plus some titanium, copper, and carbon fiber. Then I asked, what is the value of those materials on the commodity market? It turned out that the materials cost of a rocket was around two percent of the typical price.”

Instead of buying a finished rocket for tens of millions, Musk decided to create his own company, purchase the raw materials for cheap, and build the rockets himself. SpaceX was born.

Within a few years, SpaceX had cut the price of launching a rocket by nearly 10x while still making a profit. Musk used first principles thinking to break the situation down to the fundamentals, bypass the high prices of the aerospace industry, and create a more effective solution.

First principles thinking is the act of boiling a process down to the fundamental parts that you know are true and building up from there.

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[dissects]

TLDW:
1. Boil it down then work your way up (make it simple/learn the fundamentals)
2. Take risks, mostly/mainly when odds are in your favor
3. Think critically

[GrowthMindsetChannel]

"When something is important enough, you do it even if the odds are not in your favor." ~ Elon Musk 💪🏻🚀

[Williamesq]

I already own shares of TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200, 000 or less..

[matyarsonic]

So
1. Master the basics
2. Learn the process
3. Make an argument

[BillionDollarJunior]

Understanding is key. Understand to the lowest part of what you want to do. That is it

[smegul]

Just reading books and learning in your own way is great in its own.

[morethan]

It's not 3 rules for learning, it's 2 rules to overcoming a seemingly insurmountable challenge. 1. Reduce it to first principles and 2. Take the risk, especially if odds are in your favor (being the house in gambling).

[TheArtbdw]

Basically he’s saying “make your own sh*t, instead of buying it from someone else”

[stefangebhard]

There’s a humbleness in Elon Musk. He doesn’t come across as arrogant or a know-it-all braggart. Essentially, he’s a soft spoken realist with hyper-intellectual attributes. A meekly super-genius.

[jrgenbentzen]

The art of thinking clearly is so under appreciated

[ayce]

Like with food. You go to a restaurant and pay for the meal and it costs a certain price. But if you buy the ingredients and make the food yourself the cost drops by a good amount

[andreasvankur]

The market crash and high inflation had me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it, Investing is a long-term game, so I will focus on the long run.

[andstewart]

Investing is buying yourself a better future you don't have to work hard again.

[LordsChild]

This videos title is misleading. This does not teach you how to learn anything, rather it teaches about how to ask lateral questions about a specific topic, and break down the necessary components of its existence and its function. It then proceeds to gauge your understanding of how something functions at its core versus what you have been told about it.

[christianaemilio]

Great video! I thank myself for never giving up even when it was very hard I kept pushing through until I made it out. My advice is that If you do your own investing, have you ever thought whether you should turn things over to a financial advisor? If you have significant assets, you have probably felt anxiety when making choices with your money. Perhaps you sensed that you might make better investing decisions if you knew just a little more and could invest without emotion. If this is the case, consulting a financial advisor makes perfect sense.

[berndlehmann]

The way he combines physics (complex) with simplicity while fighting big problems is genius.

[farshidpiruz]

some people may not like this guy, but let's accept that he's an extraordinarily hard working person

[yt-sh]

1. First principle thinking
2. Self critical analysis

bu he mentioned elsewhere to use mental mindmapping

[bluedragontoybash]

Here is a summary of the first principles thinking framework in 10 bullet points:

1. **Break things down to the fundamental truths.** This means understanding the underlying principles of how something works, rather than simply accepting the status quo.
2. **Reason up from there.** Once you understand the fundamental truths, you can start to build your own understanding of something from scratch.
3. **Don't rely on analogy.** Analogy can be useful for learning new things, but it's important to be critical of it. Analogies can be misleading, and they can lead you to miss important differences between two things.
4. **Think in terms of material constituents.** This means breaking things down into their basic components and understanding how those components interact.
5. **Understand the spot market value of materials.** This will help you to understand the true cost of things and to identify opportunities for savings.
6. **Be creative in how you combine materials.** Once you understand the material constituents of something, you can start to think about new and innovative ways to combine them.
7. **Be skeptical of the status quo.** Don't assume that things have to be the way they are. Always be questioning and looking for ways to improve things.
8. **Examine your axioms.** Make sure that you're starting with the right assumptions.
9. **Use logic to connect your ideas.** Make sure that your conclusions are logically supported by your premises.
10. **Consider the range of probable outcomes.** Things are rarely certain, so it's important to think about the different ways that things could play out.

Elon Musk uses this framework to solve complex problems, such as reducing the cost of batteries and rockets. He believes that it's the best way to come up with truly innovative solutions.

[TheGRTT]

Musk is a gift to mankind we need these visionaries to help shape and inspire humanity!