Sharpen Your Thinking with These 10 Powerful Cognitive Razors
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Sharpen Your Thinking with These 10 Powerful Cognitive Razors

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10 powerful rules of thumb to sharpen your thinking

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Improve Your Decision-Making with These 10 Cognitive Razors

The average adult makes about 35,000 conscious decisions each day.

Given this sheer volume of choice, how do we ensure we’re making the right decisions, day in and day out, without becoming exhausted?

Using insights from investor and thought leader Sahil Bloom, this graphic shares 10 cognitive razors, or rules of thumb, that can help you simplify your decision-making.

We’ve organized Bloom’s favorite cognitive razors into three overarching categories, which we dive into in further detail below.

Location, Location, Location

The first theme is location, and the importance of being at the right place at the right time.

The Luck Razor falls into this category because it highlights the importance of putting yourself out there. According to the Luck Razor, when choosing between two paths, pick the one with the largest “luck surface area,” or the path that offers you the most opportunity to get lucky.

This is because when you’re networking, meeting people, and building new relationships, you’re much more likely to stumble upon an opportunity than if you were sitting on your couch, not taking action.

The Rooms Razor follows a similar theme because it emphasizes the importance of your surroundings. It stresses that, if you have a choice between two rooms to walk into, choose the one where you’re most likely to be the dumbest person in the room.

While it’s a bit of an uncomfortable situation, it provides a greater opportunity for growth, as long as you check your ego at the door and listen to what others have to say.

Lastly, the Arena Razor reminds us that when we want something, we need to take the necessary steps to make it happen.

For instance, if you want to become a social media influencer, you need to start creating content and posting it online. It’s not easy to put yourself out there and take action, but if you want to play the game, you need to be in the arena.

The Power of Positive Thinking

The next theme is the power of mindset and positive thinking. This relates to how you view your life, the people you choose to surround yourself with, and how you interpret the actions and opinions of others.

According to the Gratitude Razor, when in doubt, don’t hesitate to show your gratitude to people who have supported you, or given you advice or opportunities.

Research studies have shown that expressing gratitude and giving thanks can be correlated with greater happiness, improved health, and stronger more meaningful relationships. So make sure to say thank you regularly, and tell your loved ones how much you appreciate their support.

It’s not just your mindset that’s important, though. The Optimist Razor recommends surrounding yourself with optimists, rather than pessimists. Pessimists may point out everything that could go wrong in a scenario, which might discourage you to break out of your comfort zone.

Optimism, on the other hand, will emphasize everything that could go right—and may even help you problem solve if you encounter problems along the way.

Keep Decision-Making Simple, Silly

The last one is quite simple, really: don’t overcomplicate things.

Occam’s Razor, which is named after the 14th-century scholar Franciscan friar William of Ockham, is generally interpreted as the following: when faced with a decision between two competing theories that generate the same outcome, the simplest theory is often the best one.

As Bloom says in this blog post, “simple assumptions [over] complex assumptions. If you have to believe a complex, intertwined series of assumptions in order to reach one specific conclusion, always ask whether there is a simple alternative assumption that fits.”

The ability to make things simple is also a good indicator of how deeply you understand something. According to the Feynman Razor, if you can’t explain a concept simply, then you don’t really understand it. So, if someone uses a ton of jargon or complexity to explain something, they could be masking a lack of deeper knowledge on the topic.

Editor’s note: For more information on cognitive razors and simplifying your decision-making, check out Sahil Bloom’s newsletter, or listen to his podcast episode where he talks about the most powerful razors he’s discovered so far in life.

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Mapped: The 3 Billion People Who Can’t Afford a Healthy Diet

More than three billion people across the globe are unable to afford a healthy diet. See which countries are most affected.

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The 3 Billion People Who Can’t Afford a Healthy Diet

While they aren’t often the focus of news media, hunger and undernourishment are problems plaguing millions of people every day.

According to the UN Food and Agriculture Organization (FAO), more than 3 billion people could not afford a healthy diet in 2020, an additional 112 million more people than in 2019. The increase was partly because of rising food prices, with the average cost of a healthy diet rising by 3.3% from 2019 levels.

As of August 2022, the FAO food price index was up 40.6% from average 2020 levels. Unless income levels increased by a similar magnitude, the healthy diet crisis is likely to have worsened, especially in low-income countries experiencing rampant food inflation.

Using data from the FAO, the above infographic maps the share of people unable to afford a healthy diet in 138 different countries as of 2020 (latest available data).

The Cost and Affordability of a Healthy Diet

According to the FAO, a healthy diet is one that meets daily energy needs as well as requirements within the food and dietary guidelines created by the country.

The (un)affordability is measured by comparing the cost of a healthy diet to income levels in the country. If the cost exceeds 52% of an average household’s income, the diet is deemed unaffordable.

Here’s a look at the share of populations unable to afford a healthy diet, and the cost of such a diet around the world:

CountryPercent of population unable to afford a healthy dietCost of Healthy Diet (USD per Person per Day)
Burundi 🇧🇮97.2%$2.9
Madagascar 🇲🇬97.0%$3.2
Liberia 🇱🇷96.8%$3.9
Malawi 🇲🇼96.6%$3.1
Nigeria 🇳🇬95.9%$4.1
Central African Republic 🇨🇫95.1%$3.6
Guinea 🇬🇳94.9%$4.1
Angola 🇦🇴94.3%$4.5
Congo 🇨🇬92.4%$3.4
Sudan 🇸🇩91.8%$4.3
Mozambique 🇲🇿91.5%$3.2
Democratic Republic of Congo 🇨🇩90.0%$2.1
Sierra Leone 🇸🇱89.2%$2.9
Niger 🇳🇪88.8%$2.9
Zambia 🇿🇲88.0%$3.3
Tanzania 🇹🇿87.6%$2.7
Guinea-Bissau 🇬🇼87.2%$3.5
Ethiopia 🇪🇹86.8%$3.4
Rwanda 🇷🇼86.3%$2.7
Haiti 🇭🇹85.9%$4.5
Sao Tome and Principe 🇸🇹84.7%$3.6
Nepal 🇳🇵84.0%$4.4
Lesotho 🇱🇸83.5%$4.3
Pakistan 🇵🇰83.5%$3.7
Chad 🇹🇩83.4%$2.8
Benin 🇧🇯82.9%$3.7
Uganda 🇺🇬82.2%$2.7
Kenya 🇰🇪81.1%$3.0
Burkina Faso 🇧🇫80.1%$3.3
Laos 🇱🇦79.8%$4.1
Mali 🇲🇱74.3%$3.1
Bangladesh 🇧🇩73.5%$3.1
Egypt 🇪🇬72.9%$3.4
Eswatini 🇸🇿71.8%$3.4
India 🇮🇳70.5%$3.0
Indonesia 🇮🇩69.1%$4.5
Philippines 🇵🇭68.6%$4.1
Jamaica 🇯🇲66.2%$6.7
South Africa 🇿🇦65.2%$4.3
Myanmar 🇲🇲65.1%$4.2
Gambia 🇬🇲64.0%$3.1
Djibouti 🇩🇯63.9%$3.1
Botswana 🇧🇼61.4%$3.7
Ghana 🇬🇭61.2%$4.0
Cameroon 🇨🇲60.7%$2.8
Mauritania 🇲🇷60.7%$3.7
Fiji 🇫🇯60.4%$3.9
Suriname 🇸🇷58.8%$5.7
Namibia 🇳🇦56.8%$3.5
Bhutan 🇧🇹53.0%$5.0
Mongolia 🇲🇳51.4%$5.1
Honduras 🇭🇳51.3%$3.5
Iraq 🇮🇶49.6%$3.5
Kyrgyzstan 🇰🇬49.6%$3.2
Sri Lanka 🇱🇰49.0%$3.9
Senegal 🇸🇳46.0%$2.3
Guyana 🇬🇾43.0%$4.9
Armenia 🇦🇲42.9%$3.2
Tajikistan 🇹🇯42.1%$3.5
Cabo Verde 🇨🇻38.1%$3.6
Belize 🇧🇿36.4%$2.1
Gabon 🇬🇦36.3%$3.6
Nicaragua 🇳🇮35.7%$3.3
Algeria 🇩🇿30.2%$3.8
Vietnam 🇻🇳30.0%$4.1
Colombia 🇨🇴26.5%$3.1
Mexico 🇲🇽26.3%$3.3
Bolivia 🇧🇴24.7%$3.8
Palestine 🇵🇸23.1%$3.4
Ecuador 🇪🇨21.4%$2.9
Saint Lucia 🇱🇨20.6%$3.6
Peru 🇵🇪20.5%$3.3
Iran 🇮🇷20.3%$3.6
Tunisia 🇹🇳20.3%$3.6
Albania 🇦🇱20.1%$4.2
Brazil 🇧🇷19.0%$3.1
Dominican Republic 🇩🇴18.3%$3.9
Panama 🇵🇦18.2%$4.5
North Macedonia 🇲🇰18.0%$3.4
Paraguay 🇵🇾17.8%$3.5
Montenegro 🇲🇪17.5%$3.5
Thailand 🇹🇭17.0%$4.3
Costa Rica 🇨🇷16.8%$4.1
Morocco 🇲🇦16.7%$2.8
Serbia 🇷🇸16.3%$4.2
Jordan 🇯🇴14.9%$3.6
Mauritius 🇲🇺13.5%$3.6
China 🇨🇳12.0%$3.0
Trinidad and Tobago 🇹🇹11.6%$4.2
Romania 🇷🇴8.8%$3.2
Bulgaria 🇧🇬8.5%$4.1
Seychelles 🇸🇨6.8%$3.8
Moldova 🇲🇩6.7%$2.8
Chile 🇨🇱3.8%$3.4
Croatia 🇭🇷3.8%$4.3
Bosnia and Herzegovina 🇧🇦3.7%$4.0
Uruguay 🇺🇾3.6%$3.4
Russia 🇷🇺3.5%$3.4
Greece 🇬🇷3.2%$3.1
Italy 🇮🇹2.9%$3.1
Japan 🇯🇵2.5%$5.8
Hungary 🇭🇺2.0%$3.5
Spain 🇪🇸2.0%$2.8
Malaysia 🇲🇾1.9%$3.5
Latvia 🇱🇻1.8%$3.2
South Korea 🇰🇷1.7%$5.2
United States 🇺🇸1.5%$3.4
Maldives 🇲🇻1.4%$3.9
Estonia 🇪🇪1.3%$3.3
Kazakhstan 🇰🇿1.2%$2.7
Lithuania 🇱🇹1.2%$3.1
Slovakia 🇸🇰1.2%$3.2
Israel 🇮🇱1.0%$2.5
Poland 🇵🇱1.0%$3.2
Austria 🇦🇹0.8%$3.0
Australia 🇦🇺0.7%$2.6
Canada 🇨🇦0.7%$3.0
Malta 🇲🇹0.7%$3.8
Sweden 🇸🇪0.6%$3.3
Portugal 🇵🇹0.5%$2.7
United Kingdom 🇬🇧0.5%$1.9
Denmark 🇩🇰0.4%$2.5
Norway 🇳🇴0.4%$3.5
Cyprus 🇨🇾0.3%$3.0
Belarus 🇧🇾0.2%$3.3
Belgium 🇧🇪0.2%$3.1
Czechia0.2%$3.0
Germany 🇩🇪0.2%$3.0
Netherlands 🇳🇱0.2%$3.0
Finland 🇫🇮0.1%$2.7
France 🇫🇷0.1%$3.2
Ireland 🇮🇪0.1%$2.2
Luxembourg 🇱🇺0.1%$2.7
Slovenia 🇸🇮0.1%$3.1
Azerbaijan 🇦🇿0.0%$2.5
Iceland 🇮🇸0.0%$2.4
Switzerland 🇨🇭0.0%$2.7
United Arab Emirates 🇦🇪0.0%$3.1
World 🌎42.0%$3.5

In 52 countries, more than half of the population cannot afford a healthy diet. The majority of these are in Africa, with the rest located across Asia, Oceania, and the Americas.

By contrast, in four countries—Azerbaijan, Iceland, Switzerland, and the UAE—everyone is able to afford a healthy diet. The picture is similar for most European and developed high-income countries, where more than 95% of the population can afford a healthy diet.

When the percentages are translated into numbers, Asia contains the most number of people unable to afford a healthy diet at 1.89 billion, of which 973 million people are in India alone. Another 1 billion people are in Africa, with around 151 million people in the Americas and Oceania.

While hunger is a worldwide concern, it is particularly acute in African countries, which cover all of the top 20 spots in the above table.

Africa’s Deepening Food Crisis

In many countries across sub-Saharan Africa, more than 90% of the population cannot afford a healthy diet.

Sub-Saharan Africa is particularly susceptible to extreme climate events and the resulting volatility in food prices. Roughly one-third of the world’s droughts occur in the region, and some sub-Saharan countries are also heavily reliant on imports for food.

Russia’s invasion of Ukraine has deepened the crisis, with many African countries importing over 50% of their wheat from the two countries in conflict. The rising food prices from this supply chain disruption have resulted in double-digit food inflation in many African nations, which means that more people are likely to be unable to afford healthy diets.

The Horn of Africa region at the Eastern tip of Africa is particularly in turmoil. All the countries in the region are reliant on wheat from Russia and Ukraine, with Eritrea (100%) and Somalia (>90%) high up in the import dependency chart. Additionally, the region is facing its worst drought in 40 years alongside ongoing political conflicts. As a result, 22 million people are at risk of starvation.

Population Growth and Food Insecurity

In November of 2022, the global population is projected to surpass 8 billion people, and many of the fastest growing countries are also food-insecure.

By 2050, the global population is likely to increase by 35%, and to meet the growing demand for food, crop production will need to double. Given that agriculture is one of the biggest contributors to greenhouse gas emissions, this increase in crop production will also need to be environmentally sustainable.

As the impacts of climate change intensify and food demand increases, reducing food waste, building climate-resilient agricultural infrastructure, and improving agricultural productivity will all play a key role in reducing the levels of food insecurity sustainably.

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Energy

Visualizing the Range of Electric Cars vs. Gas-Powered Cars

With range anxiety being a barrier to EV adoption, how far can an electric car go on one charge, and how do EV ranges compare with gas cars?

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The Range of Electric Cars vs. Gas-Powered Cars

This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week.

EV adoption has grown rapidly in recent years, but many prospective buyers still have doubts about electric car ranges.

In fact, 33% of new car buyers chose range anxiety—the concern about how far an EV can drive on a full charge—as their top inhibitor to purchasing electric cars in a survey conducted by EY.

So, how far can the average electric car go on one charge, and how does that compare with the typical range of gas-powered cars?

The Rise in EV Ranges

Thanks to improvements in battery technology, the average range of electric cars has more than doubled over the last decade, according to data from the International Energy Agency (IEA).

YearAvg. EV RangeMaximum EV Range
201079 miles (127 km)N/A
201186 miles (138 km)94 miles (151 km)
201299 miles (159 km)265 miles (426 km)
2013117 miles (188 km)265 miles (426 km)
2014130 miles (209 km)265 miles (426 km)
2015131 miles (211 km)270 miles (435 km)
2016145 miles (233 km)315 miles (507 km)
2017151 miles (243 km)335 miles (539 km)
2018189 miles (304 km)335 miles (539 km)
2019209 miles (336 km)370 miles (595 km)
2020210 miles (338 km)402 miles (647 km)
2021217 miles (349 km)520 miles* (837 km)

*Max range for EVs offered in the United States.
Source: IEA, U.S. DOE

As of 2021, the average battery-powered EV could travel 217 miles (349 km) on a single charge. It represents a 44% increase from 151 miles (243 km) in 2017 and a 152% increase relative to a decade ago.

Despite the steady growth, EVs still fall short when compared to gas-powered cars. For example, in 2021, the median gas car range (on one full tank) in the U.S. was around 413 miles (664 km)—nearly double what the average EV would cover.

As automakers roll out new models, electric car ranges are likely to continue increasing and could soon match those of their gas-powered counterparts. It’s important to note that EV ranges can change depending on external conditions.

What Affects EV Ranges?

In theory, EV ranges depend on battery capacity and motor efficiency, but real-world results can vary based on several factors:

  • Weather: At temperatures below 20℉ (-6.7℃), EVs can lose around 12% of their range, rising to 41% if heating is turned on inside the vehicle.
  • Operating Conditions: Thanks to regenerative braking, EVs may extend their maximum range during city driving.
  • Speed: When driving at high speeds, EV motors spin faster at a less efficient rate. This may result in range loss.

On the contrary, when driven at optimal temperatures of about 70℉ (21.5℃), EVs can exceed their rated range, according to an analysis by Geotab.

The 10 Longest-Range Electric Cars in America

Here are the 10 longest-range electric cars available in the U.S. as of 2022, based on Environmental Protection Agency (EPA) range estimates:

CarRange On One Full ChargeEstimated Base Price
Lucid Air520 miles (837 km)$170,500
Tesla Model S405 miles (652 km)$106,190
Tesla Model 3358 miles (576 km)$59,440
Mercedes EQS350 miles (563 km)$103,360
Tesla Model X348 miles (560 km)$122,440
Tesla Model Y330 miles (531 km)$67,440
Hummer EV329 miles (529 km)$110,295
BMW iX324 miles (521 km)$84,195
Ford F-150 Lightning320 miles (515 km)$74,169
Rivian R1S316 miles (509 km)$70,000

Source: Car and Driver

The top-spec Lucid Air offers the highest range of any EV with a price tag of $170,500, followed by the Tesla Model S. But the Tesla Model 3 offers the most bang for your buck if range and price are the only two factors in consideration.

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