Patterns are descriptors for how things relate, and arguably what makes someone smart or stupid is their ability to parse the dynamics of relationships among th

Patterns are descriptors for how things relate, and arguably what makes someone smart or stupid is their ability to parse the dynamics of relationships among things. There are a bunch of concepts from multiple disciplines that get used in companies every day. Some of them are stupid euphemisms used by managers who don't understand things, but a lot of them are about getting everyone to understand the importance of how one thing affects another. Here are some: - elasticity (of demand) - sunk cost - diminishing returns - scale - long poles - optionality - convexivity - long tail - fat tail - short position - indexing (over) - leverage - advantage - decisive power