understanding how to act under conditions of incomplete information is the highest and most urgent human pursuit. - Nassim Nicholas Taleb

Robust is when you care more about the few who like your work than the multitude who dislike it (artists); fragile when you care more about the few who dislike your work than the multitude who like it (politicians).

Executive programs allow us to watch people who have never worked lecturing those who have never pondered.

Corporations are in love with the idea of the strategic plan. They need to pay to figure out where they are going. Yet there is no evidence that strategic planning works — we even seem to have evidence against it. A management scholar, William Starbuck, has published a few papers debunking the effectiveness of planning — it makes the corporation option-blind, as it gets locked into a non-opportunistic course of action.