Problem Trading: Why We Should Learn to Live With Our Problems
It’s interesting that the most practical problem-solving lessons are business lessons. It’s because the stakes are real in business and you have real skin in the game. If you don’t make the right decisions, death is certain. In fact, the default outcome for any startup is death. This means you have
Smart People Should Disagree With You
Being contrarian is often critical to the process of becoming massively valuable. If you can bet on something that nobody agrees with, and win, there’s nothing like it. I’ve written on this topic at length, but turns out that wasn’t enough. It’s still easily misunderstood, which is a shame.
What Disasters Can Teach Us About Good System Design
The Chernobyl disaster didn’t happen simply because of Soviet Communist top-down regime. The Challenger disaster didn’t happen simply because of the O-ring seals failure. These so called “root causes” are part of many reasons, and they are definitely not the main reason.