Fooled by Randomness: The Hidden Role of Chance in Life...
Judging on Process vs Judging on Results
Lower ranking persons in enterprise are judged on both process and results, owing to repetitive aspect of their efforts, their process converges rapidly to results. But top management is paid only for results - no matter the process. There seems to be no such thing as foolish decision if it results in profit.
Intellectual contempt does not control personal envy
Lucky fools do not bear the slightest suspicion that they may be lucky fools