Learnings Mental Models

The 3-6-3 Rule: Unraveling the Illusion of Simplicity in Decision-Making

Introduction In the realm of decision-making, the 3-6-3 Rule stands as a mental model that can significantly impact our choices. This rule refers to a simplified approach often used in banking and financial institutions, where depositors are promised a 3% interest rate, loans are provided at 6%, and bankers hit the golf course at 3 […]