Summary:
- Productive paranoia:
- What can go wrong?
- Channel it into action.
- Fanatic Discipline:
- Fanatic commitment to the quest.
- Empirical Creativity:
- Root ideas in actual data.
- They try out things to make sure they work.
- They don’t bet big.
- Visionaries in the market don’t see the future:
- Created future for empirical “child.”
- If it sticks then they bet.
- Leadership is not abut betting big but about conducting the trials to make it happen.
- Succes is more about preparing for bad luck events than good luck events.
- Get a higher return on luck:
- When good luck events happen – seize the moment!
- Execute brilliantly when you have a good luck event.
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