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Free Solo (Movie Review)
Albert Wenger – Mar 8, 2019
Earlier this week I went to see Free Solo, which documents Alex Honnold’s ascent of El Capitan, with our son Michael. After being on the edge of our seats for most of the movie, we came away with sweaty hands [...] Read more
Uncertainty Wednesday: The Base Rate Fallacy and Why Hiring is Hard
Albert Wenger – Mar 6, 2019
Last Uncertainty Wednesday considered how imperfect correlation is related to the narrative fallacy which in turn underlies observations such as the extravagant headquarters effect. Today I will examine why hiring is so ridiculously hard and even organizations which are very [...] Read more
World After Capital: Psychological Freedom (Intro)
Albert Wenger – Mar 4, 2019
NOTE: This is part of a series of excerpts from my book World After Capital. Today’s post introduces the concept of psychological freedom, which is crucial for living in a world that is information super saturated. Imagine you live in [...] Read more
EU Going Bonkers on Copyright
Albert Wenger – Mar 1, 2019
I know that with everything going on here in the US it is hard to find the time to even think about other parts of the world, but the EU is currently losing its mind when it comes to copyright. [...] Read more
Uncertainty Wednesday: Imperfect Correlation and the Narrative Fallacy
Albert Wenger – Feb 27, 2019
Last Uncertainty Wednesday I wrote about how regression to the mean at least partially explains the “curse” of building extravagant headquarters (which often signals an impending downturn in the performance of a company). Whenever we come up with a detailed [...] Read more
More Yang for Your Buck!
Albert Wenger – Feb 25, 2019
NOTE: I will resume posting excerpts from my book World After Capital next Monday. The field for the 2020 Democratic Party presidential primary has over a dozen declared candidates, including widely known names such as Senators Elizabeth Warren, Kamala Harris, [...] Read more
Uncertainty Wednesday: Regression to the Mean and the Extravagant Headquarters Effect
Albert Wenger – Feb 20, 2019
In sports some people believe that there is a Sports Illustrated cover jinx: teams or individual athletes featured on the cover for outstanding performance, subsequently have a bad season. One explanation for this phenomenon is regression to the mean. The [...] Read more
World After Capital: Getting Over Privacy (Finish)
Albert Wenger – Feb 18, 2019
NOTE: This is part of a series of excerpts from my book World After Capital. Today’s post wraps up the prior discussion of why as part of increasing informational freedom we should embrace a post privacy world. —- So we [...] Read more
Uncertainty Wednesday: Additive versus Multiplicative Risk
Albert Wenger – Feb 13, 2019
After an excursion for the last few Uncertainty Wednesdays into the topic of intelligence, I want to return to how to think about risk. In a post about a decade ago I wrote that it is possible for a startup [...] Read more