Pessimism may rule the day. But business leaders who look to the future with optimism can guide their companies toward long-term success.
Why don’t more firms share data with others to tackle big, industry-wide problems that they simply cannot solve alone?
Munger’s success was built on a system for decision-making—not a classical investment philosophy, but rather a mental discipline underpinning one. We outline four ideas strategists can learn from Munger to think more clearly in turbulent times.
"There is no theoretical reason why we can't live beyond our current natural limit of 120, although this would require major breakthroughs in aging research."
Sharing data with competitors might sound scary to executives, but only collaboration can solve some of industry’s biggest problems.
Noise—small, random deviations from regularities—is omnipresent. Instead of treating it as a nuisance that is to be eliminated, businesses can embrace noise as as a powerful ally.
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