Few people realise that most medicinal breakthroughs were the result of complete luck and serendipity. Only about two HIV medications are the result of huge financial investments and research. Everything else, from antibiotics to chemotherapy treatments are a result of luck. After we discovered these drugs, we then figured out the science behind the medications… Continue reading Playing At The Edge
Great minds discuss ideas; average minds discuss events; small minds discuss people. It never ceases to amaze me how few people are genuinely intellectually curious about ideas. This becomes painfully obvious when you discuss startup ideas with people. Most people don't like ideas, particularly of the new variety. So they instinctively go through a list of… Continue reading It’s Neither Either Nor Or
Society has fooled you into thinking that only zero sum activities are virtuous. You're told that staying after hours for your boss, working overtime on weekends, having a career which is "nice" but not scalable, or financially lucrative is virtuous. Society has also fooled you into thinking that non zero sum games are unethical. You're… Continue reading How Society Fools You
A few years ago the Ministry of Defence in the UK ordered a new radio system. This system was going to be used by services such as the army, navy and air force. All the specialists met up to debate what was required of the new system. Everyone put their opinions forward in heated debates… Continue reading “But It Meets Spec”
20 x 1 = 20 & 1 x 20 = 20 The lie you've been told is that the order of events doesn't matter. You've been told that if you have the same inputs and outputs then it's all the same. But this is a lie. The sequence and order of events matter a great… Continue reading Is It The Same Difference?
You can consider optimism and pessimism as two different types of biases. "Optimists" supposedly see the world in a way where things are better than they actually are. "Pessimists" supposedly see the world in a way where things are worse than they actually are. "Realists" are meant to be the people who see the world… Continue reading We’re All Biased
Be very weary of anything which will reduce the time you have to accomplish something. Time is undervalued and underappreciated. Sometimes it's tempting to do something which will give you a short term gain, but that will reduce the time you have to accomplish X,Y and Z. For example if you take anabolic steroids, it may… Continue reading Time As Arbitrage