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> You're beating on a straw man. How so? If you're stating that you're going to greatly enjoy your failure, how is that not making failure seem good? Can you g

> You're beating on a straw man. How so? If you're stating that you're going to greatly enjoy your failure, how is that not making failure seem good? Can you greatly enjoy something that you don't consider awesome (greatly being the keyword)? Seems like we could split hairs over this in a variety of different ways. On the other hand the rest of your post discusses the value created out of a failed company which wasn't related to the context of my post. I think we're going to be arguing in straw man circles :) > if they distributed their risk over many bets, they are probably going to come out ahead of where they would be if they made no bets whatsoever Not necessarily true, actually. The best investors come out ahead. The majority of them near break even or lose money on a fund. At least this is what I've always found unless you have a source I could take a look at?

Nacraile 10y ago
> On the other hand the rest of your post discusses the value created out of a failed company which wasn't related to the context of my post. "not relevant"? The entire point of my response was to point out that the fundamental flaw in your argument is that you are ignoring the wider effects of the business process, while the "failure is success" mentality is all about taking into consideration those same wider effects. > If you're stating that you're going to greatly enjoy your failure, how is that not making failure seem good? Can you greatly enjoy something that you don't consider awesome. You don't enjoy the failure, but you can still enjoy the process that happens to lead to the failure, and the net outcome can still be positive. Once again: the mentality you're attempting to criticise is all about accounting for the entire process and all of its outcomes, and not narrow-mindedly focusing on just the financial outcome for the business. > I think we're going to be arguing in straw man circles If you continue to insist on equivocating between financial failure of the business (an individual outcome) and the holistic outcome of the entire process, yes. Well, I won't bother to continue responding, but that's beside the point.
- BinaryIdiot 10y ago
  > You don't enjoy the failure, but you can still enjoy the process that happens to lead to the failure, and the net outcome can still be positive. But like I said you're adding your own words / perspective to the post. None of this was said nor implied hence: >> I think we're going to be arguing in straw man circles
vacri 10y ago
> If you're stating that you're going to greatly enjoy your failure 'Relish' in this context doesn't mean 'greatly enjoy', as in entertainment. It means simply 'to significantly value', as in valuing the learning opportunity, but not necessarily the event itself.
- BinaryIdiot 10y ago
  > It means simply 'to significantly value' Er, not trying to be pedantic but I can't find this definition anywhere. Is that an informal use? I only see references to the condiment or similar to 'greatly enjoy'. Might be one of those cases where using more specific wording would have helped the blog entry.
  - vacri 10y ago
    The article is talking about relishing the richness of life's experience, not some sort of Machiavellian cackling while you watch people lose their jobs. The failures are simply to be valued as learning experiences that are part of life. That particular phrase is preceded in the same sentence with another phrase saying that the failures basically aren't pleasureable. Read the paragraph as a whole, and don't just fish out one phrase and take it out of context.
    - BinaryIdiot 10y ago
      I read the whole thing. Taking it at face value I don't see what you're talking about in it at all. Maybe he meant it in the way you're saying? Maybe he didn't? It's usually best to speak in literals on the internet and not hope to someone to fish out implications.

Nacraile 10y ago

> On the other hand the rest of your post discusses the value created out of a failed company which wasn't related to the context of my post. "not relevant"? The entire point of my response was to point out that the fundamental flaw in your argument is that you are ignoring the wider effects of the business process, while the "failure is success" mentality is all about taking into consideration those same wider effects. > If you're stating that you're going to greatly enjoy your failure, how is that not making failure seem good? Can you greatly enjoy something that you don't consider awesome. You don't enjoy the failure, but you can still enjoy the process that happens to lead to the failure, and the net outcome can still be positive. Once again: the mentality you're attempting to criticise is all about accounting for the entire process and all of its outcomes, and not narrow-mindedly focusing on just the financial outcome for the business. > I think we're going to be arguing in straw man circles If you continue to insist on equivocating between financial failure of the business (an individual outcome) and the holistic outcome of the entire process, yes. Well, I won't bother to continue responding, but that's beside the point.

BinaryIdiot 10y ago
> You don't enjoy the failure, but you can still enjoy the process that happens to lead to the failure, and the net outcome can still be positive. But like I said you're adding your own words / perspective to the post. None of this was said nor implied hence: >> I think we're going to be arguing in straw man circles

vacri 10y ago

> If you're stating that you're going to greatly enjoy your failure 'Relish' in this context doesn't mean 'greatly enjoy', as in entertainment. It means simply 'to significantly value', as in valuing the learning opportunity, but not necessarily the event itself.

BinaryIdiot 10y ago
> It means simply 'to significantly value' Er, not trying to be pedantic but I can't find this definition anywhere. Is that an informal use? I only see references to the condiment or similar to 'greatly enjoy'. Might be one of those cases where using more specific wording would have helped the blog entry.
- vacri 10y ago
  The article is talking about relishing the richness of life's experience, not some sort of Machiavellian cackling while you watch people lose their jobs. The failures are simply to be valued as learning experiences that are part of life. That particular phrase is preceded in the same sentence with another phrase saying that the failures basically aren't pleasureable. Read the paragraph as a whole, and don't just fish out one phrase and take it out of context.
  - BinaryIdiot 10y ago
    I read the whole thing. Taking it at face value I don't see what you're talking about in it at all. Maybe he meant it in the way you're saying? Maybe he didn't? It's usually best to speak in literals on the internet and not hope to someone to fish out implications.