#framework #thinking framework = logic, the first principles, the rule of thumb, the underlying & universal rule that things work regardless of specific context e.g. profit = revenue - cost; revenue = price * number of items > The first rule is that you can't really know anything if you just remember isolated facts and try and bang 'em back. If the facts don't hang together on a latticework of theory, you don't have them in a usable form. -- Charlie Munger