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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (156931)4/22/2020 8:10:22 AM
From: Joseph Silent4 Recommendations

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  Read Replies (1) | Respond to of 217589
 
I think the whole point of life and learning is

constructively :) breaking rules. The only question is how and when. And the outcome can teach a lot --- so much more than staying in the straight and narrow, being safe and missing the learning experience. I don't know of anything that tells us how to go about it. You talk in terms of VVV. I often think of Mother Goose tales and Arthurian legends etc. I don't know how to capture it but it seems to me that two people can break a rule and have two different outcomes, and something about who you are and how you do it can make a difference.

We are all conditioned to abhor loss. But if winning is okay, then it seems to me losing is okay too. Beyond the conditioned bias and reflexive pain, that process really is fine because there is a loss of balance when things only go one way. The difficulty comes from being with a loss in a world where loss has consequences.

Risk is a terribly interesting thing. We are clever. We gather data and organize actuaries and construct probability measures ........and pit these against random processes we cannot really know. The random thing smiles are plays along for a while and we think we are in charge. Then suddenly, out of the blue, it throws something we were not prepared for ..... something we thought was a zero or a small probability. Then we lose, learn, pay, suffer.

I keep reflecting on the pandemic and why leadership positions are positions of *stewardship* more than anything else. There has to be terrific wisdom and an equally terrific compassion in leadership because it simply cannot be all about "me" and "us". The obsession with trade and tariffs for piddly elect-me gains made one side lose sight of risk. Pandemics may be preventable. Outbreaks can be noticed and caught early, but not if you swagger around dismantling pandemic-eyes, thoroughly mesmerized by your own constructs such as tariffs. So then the cost of the loss is suddenly orders of magnitude greater than the piddly gains you were obsessing about. No handle on risk.

Then comes how a leadership handles the loss and what is learned. One either sees the wisdom or one doesn't.