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I find this sort of trade-off exercise really fascinating. There are tons of examples of situations where risk is very different depending on how long or how m
by cduzz 2y ago
I find this sort of trade-off exercise really fascinating.
There are tons of examples of situations where risk is very different depending on how long or how much/often something happens.
It seems like business schools, who train many of the people who ultimately make these decisions, do a "right shit job" of discussing the actual potential outcomes at scale / over long periods of time. Maybe that's intentional; "hey, you'll have a new job by then" and maybe it's not.
The more I think about it, the more I think all this is an example of the Gervais principal at work.
- semireg 2y agoI was not familiar. https://www.ribbonfarm.com/2009/10/07/the-gervais-principle-or-the-office-according-to-the-office/ https://www.ribbonfarm.com/2009/10/07/the-gervais-principle-...