Sublime
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
The research on innovation identifies this as a common problem for managers as companies grow. Barnholt calls it the tyranny of large numbers, explaining that “there’s a natural tendency to think in terms of bigger bets as you get to be bigger.”
Peter Sims • Little Bets: How breakthrough ideas emerge from small discoveries
Daniel Vassallo • Daniel Vassallo on Applied Antifragility – Visión Periférica Podcast • Podcast Notes
Over time, an increasing percentage of what we spend on government is spent on optional rather than core services because the core services tend to have been around longer. Another way of putting it is to say that the marginal value of added government, even if positive, falls as government grows larger. This statement is not antigovernment; it’s j
... See moreTyler Cowen • The Great Stagnation: How America Ate All The Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better: A Penguin eSpecial from Dutton
The optimal amount of fraud is non-zero
bitsaboutmoney.com
The two most valuable ideas in the old economic order, market share and growth, have become the two most dangerous ideas in the new order. To apply these ideas appropriately (and safely), you must understand the rise of no-profit zones in the economy.
Adrian J. Slywotzky • The Profit Zone: How Strategic Business Design Will Lead You to Tomorrow's Profits
Our biological instincts are not always very well adapted to the information-rich modern world. Unless we work actively to become aware of the biases we introduce, the returns to additional information may be minimal—or diminishing.
Nate Silver • The Signal and the Noise: Why So Many Predictions Fail-but Some Don't
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
The strong tendency of employees to rationalize bad conduct in order to get rewards requires many antidotes in addition to the good cash control promoted by Patterson.