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How to Improve Your Capacity 
For Critical Thinking 
General Principles 
Tips & Techniques 
Speaker: Jared Lim Loanstreet Monthly Level Up June 2014
The General Principle
Tips & Techniques
1. Practice (Having informed opinions) 
• Like a muscle 
• OK to be easy-going / reserve opinion 
• But not OK to be mentally lazy
No opinion? Just ask questions 
until you get there.
2. Don’t be so sure of your positions 
• Unless already been examined for basis 
• Examine all reasons for taking a position 
• Resist indoctrination
3. Consider all angles 
• Include ideas / opinions / facts / beliefs 
contrary to your own 
• Avoid personal biases if possible
4. Know the Knowns, Unknowns and 
Unknowables 
• In examining basis, classify them: 
Known 
Fact. Irrefutable 
Unknown 
Yet to be known, 
but can find out 
• On belief / instinct / unknowable: 
– Plausible vs Implausible 
– Apply Occam’s Razor 
Unknowable 
Belief, instinct or 
matter of opinion
Among competing hypotheses, the one with the 
fewest assumptions should be selected. 
Other, more complicated solutions may ultimately 
prove correct, but—in the absence of certainty—the 
fewer assumptions that are made, the better.
5. Test those positions for consistency 
• Correspondence AND Coherence 
Correspondence 
How consistent is it with 
your observations of how it 
relates to the world? 
Coherence 
How consistent is it in how it 
relates with other claims / 
beliefs / statements? 
• Only true logical test of the Unknowable
All positions / claims should harmonize with 
each other
6. Take those positions to its logical 
extreme & consequences arising 
• Helps moderate your 
positions 
• Or choose to bite the 
bullet
Likely Result 
Changed 
Position 
Better Formed 
Opinions 
More 
Complete 
Thinking 
Smarter Better You
Example Application Scenarios 
1. Hot stock tips 
2. MLM / Pyramid schemes 
3. Fanboy syndrome 
4. Beliefs / culture / tradition / superstitions 
5. Anyone’s opinion / belief
Thought Exercise 
• What are some positions you hold? Are they 
well-informed? Or is it from indoctrination? 
• Have you challenged yourself on those 
positions?
Thank You 
Loanstreet Monthly Level Up June 2014

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How to improve your capacity for critical thinking

  • 1. How to Improve Your Capacity For Critical Thinking General Principles Tips & Techniques Speaker: Jared Lim Loanstreet Monthly Level Up June 2014
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  • 8. 1. Practice (Having informed opinions) • Like a muscle • OK to be easy-going / reserve opinion • But not OK to be mentally lazy
  • 9. No opinion? Just ask questions until you get there.
  • 10. 2. Don’t be so sure of your positions • Unless already been examined for basis • Examine all reasons for taking a position • Resist indoctrination
  • 11. 3. Consider all angles • Include ideas / opinions / facts / beliefs contrary to your own • Avoid personal biases if possible
  • 12. 4. Know the Knowns, Unknowns and Unknowables • In examining basis, classify them: Known Fact. Irrefutable Unknown Yet to be known, but can find out • On belief / instinct / unknowable: – Plausible vs Implausible – Apply Occam’s Razor Unknowable Belief, instinct or matter of opinion
  • 13. Among competing hypotheses, the one with the fewest assumptions should be selected. Other, more complicated solutions may ultimately prove correct, but—in the absence of certainty—the fewer assumptions that are made, the better.
  • 14. 5. Test those positions for consistency • Correspondence AND Coherence Correspondence How consistent is it with your observations of how it relates to the world? Coherence How consistent is it in how it relates with other claims / beliefs / statements? • Only true logical test of the Unknowable
  • 15. All positions / claims should harmonize with each other
  • 16. 6. Take those positions to its logical extreme & consequences arising • Helps moderate your positions • Or choose to bite the bullet
  • 17. Likely Result Changed Position Better Formed Opinions More Complete Thinking Smarter Better You
  • 18. Example Application Scenarios 1. Hot stock tips 2. MLM / Pyramid schemes 3. Fanboy syndrome 4. Beliefs / culture / tradition / superstitions 5. Anyone’s opinion / belief
  • 19. Thought Exercise • What are some positions you hold? Are they well-informed? Or is it from indoctrination? • Have you challenged yourself on those positions?
  • 20. Thank You Loanstreet Monthly Level Up June 2014