POV40IQ << In Hibernation >>
POV40IQ << In Hibernation >>
๐Ÿ€ Rangy
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-20:51

๐Ÿ€ Rangy

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What weโ€™re looking at this week is going to be hard. Built off a podcast between Zach Lowe and David Epstein.

โ€œI think what frustrates people about this whole (decision making) arena, there is no way to know, you canโ€™t know.โ€ Zach Lowe

"We have a name for this in academia, irreducible uncertainty and people don't like to acknowledge and accept irreducible uncertainty." Wharton Professor, Cade Massey

The Philadelphia basketball fans adopted a 'trust the process' mindset because of the 'frustration' and 'irreducible uncertainty' in the decision making process. One way to get better is to be rangy. How?

  • Read more fiction.

  • Avoid 'the next...' trailhead and find a harder path through the woods.

  • Argue fairly and vigorous, especially in outlier and winner-take-most competitions.

  • Embrace intellectual diversity and weird teams.

  • Create the right culture, from the top down.

  • Avoid the principal-agent problem and it's CYA cousin, Cover-Your-Ass.

  • Make the hidden salient and the salient measured, carefully.

Stay tuned for these stories and more.

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POV40IQ << In Hibernation >>
POV40IQ << In Hibernation >>
A change in perspective can be worth more than forty IQ points. This series isn't about analysis, breaking news, or best practices. It's about something better, stories.
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