This article is the seventh of this weekly series called Latticework of Mental Models, which will be authored by my friend and partner in writing the Value Investing Almanack, Anshul Khare. Anshul will write on various mental models – big ideas from various disciplines – which can help you think more rationally while analyzing businesses and making your stock investment decisions.
What’s your favourite day or time of the week? For somebody like me with a Monday-Friday job, the favourite part of the week usually is Saturday morning.
Now, what could be the best way to ruin a Saturday morning? Let me tell how I (almost) achieved the feat.
On a cool and breezy weekend morning when most people prefer to sit in the balcony and sip on a hot beverage, I was standing just outside my front door with milk packet in hand and toothbrush in my mouth, wondering why do they build these auto-lock doors.
Yes, you guessed it right. I managed to lock myself out of my house. Everything including my keys, glasses, cell phone, wallet, and slippers were behind the door which was slammed shut by the very same saturday morning breeze.
However the story had a happy ending when I was rescued by my saviour. Saviour? Yes and it was none other than our mental model for today – Mr. Red (short for Redundancy).