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That you can be clever and win and still lose, and someone less smart may actually do better. I ignored the second half (read it though) because I thought it wa
by ItsMe000001 8y ago
That you can be clever and win and still lose, and someone less smart may actually do better. I ignored the second half (read it though) because I thought it was quite a stretch from the coyotes to financial instruments. Actually, it's all quite a stretch as far as the details go, while the general idea that I stated at the beginning is true but not exactly original.
- jaggederest 8y agoI think the take away is basically that you're optimizing for the the sum of all series, which means that focusing on winning either the battle or the war by itself is fruitless and counterproductive. I agree, in a lot of ways, I prefer to make situations win-win because it leads to better long term outcomes. It's as much about framing as it is about succeeding in the short or long term.