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Product Management Essentials

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Essential product management skills

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Product Management Essentials

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It is the most intolerant person who imposes virtues on others precisely because of that intolerance.

We need to be more than intolerant with some intolerant minorities. The West is currently in the process of committing suicide.

NASSIM TALEB

43

354 reads

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Mental accounting is correct

Betting harder with money you won and being more conservative with your own money makes sense because that’s how you survive.

Thaler and other behavioral economists don’t get it because they see the world as a one-shot game instead of a series of repeated trades.

39

382 reads

Minority Rule Is Destroying The West

In societies, minorities can come to dictate the rules to the majority.

This usually happens because of asymmetry or because when the majority is either too flexible, too accommodating, or too indifferent.

A case of asymmetry is between smokers and non-smokers.
A smoker can sit in ...

43

345 reads

Overestimating tail risks makes sense

It’s perfectly rational to overestimate some tail risks because you can’t consider them in isolation. 

Driving after 2 glasses of wine once will not be extremely dangerous, but doing so every day is.

When you measure tail risks in the laboratory you only consider one tail risks at a t...

38

402 reads

It’s intellectual Who Are Jealous of The Super Rich

it’s not the poor who are actually envious of the rich and it’s not the poor who first embrace communist movements.

It’s usually the bourgeois and the intellectuals and the clerical class who first embrace communism. It’s because of jealousy.

43

305 reads

Those who don’t take risks should never be involved in making decisions

NASSIM TALEB

57

552 reads

Employees Are Broken, Submissive Fellas

Employees display submission by going through years of personal deprivation.
Givin' up 9 hours of one’s time for years, every day is the equivalent of domestication.
And showing up on time every day is the sign of an obedient, housebroken dog.

The question is whether you want to be a ...

46

297 reads

Complex Systems Don’t Work With Simple Cause/Effect

And when in doubt, it’s better not to mess with these systems. Starting a war to implement democracies is an example of messing with a complex system.

Clueless politicians compare a local dictator not with the local alternatives but with a Norwegian prime minister.

These people keep s...

44

569 reads

The Idiocy of Naive Empiricism

You often hear people saying that you are more likely to die by X silly thing -ie.: coconut falling- than by terrorist attacks or Ebola outbreaks but that makes no sense.

People dying because of falling coconuts or people who die by drowning in their bathtub will never double from one year ...

40

295 reads

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jjasper

Hammack lover. Especially with a good book in hand.

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The spirit of love

Nothing is more important than the love that rescues nations from intolerance, which slows wars, calms furies, and allows civilisation to continue. True love is not giving someone what their due is, but what they need in order to survive.

True love acknowledges how much we...

Learn to control your anxiety when buying

We are currently required to handle an unprecedented situation, at least for most of us: we need to make sure we have all the necessary goods in the proper amount, without letting the others starve. 

One way to make this work is by buying on a regular basis, just the amount that w...

The Mindset of Open Options

The Mindset of Open Options

We live in a culture that prizes keeping one’s options open. It’s better to be maximally flexible, the popular reasoning goes so that we can respond to any opportunity at a moment’s notice. Committing to anything, even for just a few months, locks away other possibilities, and is...

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