“You can’t cut off just one tail of a distribution.” –@Ben_Reinhardt
If you try to avoid failure, you will just reduce variance, which means you will also eliminate breakout success.
Replying to @jasoncrawford @Ben_Reinhardt
Opportunity is the flipside of risk, i.e. meaningful chance to fail is necessary. Still, it is not obvious that the cost of failure must be existential.
8:34 PM - 23 May 2020
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