One basic of Taleb philosophy is that knowing what will be good or bad, innovation or crackpots, is often not possible.
Another is that if you have skin in the game, will pay your faults, you will instinctively better use the information you have. this is one basic idea to prefer entrepreneurs to boards of experts, when things can be very good or very bad. anyway there are subject where even the most motivated guy have no way to know if it will work. no planning can help, no board of expert. 2014-06-03 13:46 GMT+02:00 Terry Blanton <hohlr...@gmail.com>: > On Mon, Jun 2, 2014 at 10:18 PM, Kevin O'Malley <kevmol...@gmail.com> > wrote: > > > "The difference between a visionary and a crackpot is that the > > visionary turns out to be right"... > > Given, otherwise, he would simply be another crackpot. > >
