diff --git a/docs/guide.md b/docs/guide.md
index 629c4ba..cdc5bcf 100644
--- a/docs/guide.md
+++ b/docs/guide.md
@@ -32,6 +32,17 @@ ghcup install cabal
 ghcup upgrade
 ```
 
+### Tags and shortcuts
+
+GHCup has a number of tags and version shortcuts, that can be used as arguments to **install**/**set** etc.
+All of the following are valid arguments to `ghcup install ghc`:
+
+* `latest`, `recommended`
+* `base-4.15.1.0`
+* `9.0.2`, `9.0`, `9`
+
+If the argument is omitted, the default is `recommended`.
+
 ## Configuration
 
 A configuration file can be put in `~/.ghcup/config.yaml`. The default config file
diff --git a/docs/install.md b/docs/install.md
index 34ee9f4..e0f7694 100644
--- a/docs/install.md
+++ b/docs/install.md
@@ -24,6 +24,14 @@ Set-ExecutionPolicy Bypass -Scope Process -Force;[System.Net.ServicePointManager
 
 If you want to know what these scripts do, check out the [source code at the repository](https://gitlab.haskell.org/haskell/ghcup-hs/-/tree/master/scripts/bootstrap). Advanced users may want to perform a [manual installation](#manual-install) and GPG verify the binaries.
 
+### Which versions get installed?
+
+GHCup has two main channels for every tool: **recommended** and **latest**. By default, it installs *recommended*.
+
+*latest* follows the latest release of every tool, while *recommended* is at the discretion of the GHCup maintainers and based on community adoption (hackage libraries, tools like HLS, stackage support, etc.) and known bugs.
+
+Also see [tags and shortcuts](../guide/#tags-and-shortcuts) for more information.
+
 ## First steps
 
 1. To get started with creating a Haskell project, follow the [Getting Started with Haskell and Cabal](https://cabal.readthedocs.io/en/latest/getting-started.html) guide