This piece lays out that system as 20 mental models, organised into four analytical layers. The layers are not arbitrary groupings. They are a dependency chain:

Physics constrains architecture
Architecture shapes market dynamics

Market dynamics determine which strategic bets pay off

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![The Catalyst Quadrant [Mental Models] The Catalyst Quadrant [Mental Models]](https://i0.wp.com/substackcdn.com/image/fetch/%24s_%21fbSo%21%2Cw_1456%2Cc_limit%2Cf_auto%2Cq_auto%3Agood%2Cfl_progressive%3Asteep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5faaf8f9-8489-412f-905c-53258a6468b4_2540x1636.png?resize=150%2C150&ssl=1)

