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Breaking: Elon Musk is Not Stupid
Michael Mauboussin — How Great Investors Make Decisions, Harnessing The Wisdom (vs. Madness) of Crowds, Lessons from Race Horses, and More (#659) - The Blog of Author Tim Ferriss
tim.blogMore important, there’s no real evidence that one can become expert in something as broad as “decision making” or “policy” or “strategy.” Auto repair, piloting, skiing, perhaps even management: these are skills that yield to application, hard work, and native talent. But forecasting an uncertain future and deciding the best course of action in the
... See moreJames Surowiecki • The Wisdom of Crowds
The most successful entrepreneurs and business people aren’t necessarily the smartest. But the managerial tracks that have fueled the upper-middle class have been fed by a credentialed cognitive elite. I expect those priorities to shift toward agency, adaptability, and demonstrated value creation.
Jeff Giesea • Agency is the new superpower
Stereotypically, the startup world is supposed to consist of heroes producing an excess return by pursuing ideas that nobody else believes in. In reality, the multi-stage nature of venture capital makes it very easy for the field to end up pinned to traditions about whether entrepreneurs ought to have red hair—not because everyone believes it, but
... See moreEliezer Yudkowsky • Inadequate Equilibria
This can quickly become an anxiety-provoking decision because of the risk of making the wrong choice.
Tiago Forte • Building a Second Brain: A Proven Method to Organise Your Digital Life and Unlock Your Creative Potential
WHEN MAKING THE RIGHT CHOICE REQUIRES INTELLIGENCE AND COURAGE