Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
Nick Rowe memorably described [finance as magic](http://worthwhile.typepad.com/worthwhile_canadian_initi/2010/01/finance-as-magic.html). The analogy I would choose is finance as placebo. Financial systems are sugar pills by which we collectively embolden ourselves to bear economic risk. As with any good placebo, we must never understand that it is just a bit of sugar. We must believe the concoction we are taking to be the product of brilliant science, the details of which we could never understand. The financial placebo peddlers make it so.
Why Is Finance So Complex?
Nick Rowe
You owe it to yourself and your team to work on keeping your capacity high. The more capacity you have, the better work that you do, the less reactive that you are, and, fundamentally, the more output you produce.
Manage Your Capacity, Not Your Time
James Stanier
A surprising amount of executive time is spent cleaning up messes. Some of these messes are externally motivated, like a competitor launching a new product, but a surprising number are self-inflicted. At least half the self-inflicted messes that I’ve seen executives create are caused by unsympathetic or confusing communication, which you can easily prevent by testing your communication before widely broadcasting.
Internal Comms for Executives.
Irrational Exuberance
...catch up on these, and many more highlights
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