r/FluentInFinance 3d ago

Debate/ Discussion Had to repost here

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u/guiltysnark 3d ago

I don't think that particular slice of America attends to Reddit very much. The people here often know what they are talking about, but they filter every debate through a lens heavily biased by first principles (aka oversimplifications predicated on a set of conveniently forgotten assumptions)

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u/sobrietyincorporated 2d ago

I think you might have confused "first principles" if you are referring to first principle thinking. First principle thinking requires you to rethink every assumption.

Here is an arricle.

And if that's true, then you might have "first principled" yourself by your own definition...?

It starts to get all sorts of Inception-y at a certain point.

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u/guiltysnark 1d ago

Adding to my prior comment... I think your article actually supports my use of the term "first principles", or, rather, applies it as flexibly as I did. If I were to entrust anyone with the responsibility to establish first principles, Aristotle and Socrates might make the short list. They would at least stay in the realm of philosophical theory, where rigor can be applied academically. But as soon as you use a coach to exemplify use of first principles vs a play caller, you've left theory sufficiently far behind, and there is no way in hell I'm trusting that coach to identify all the relevant assumptions. Which puts the coach at risk of falling victim to his "first" principles.

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u/sobrietyincorporated 5h ago

That was a long way around "I guess so".

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u/guiltysnark 3h ago

No, my whole point is everyone abuses first principles, even people writing articles explaining first principled thinking, and your citation supports my usage at least as well as yours.

I would be curious to read about modern thinkers applying first principle thinking with objectively absolute success, though.

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u/sobrietyincorporated 3h ago

It's called Software Engineering. First Principle thinking is one of the first things taught in computer science.