A lot of “idiotic” things have reasonable explanations (2011)

Whenever you see someone who you believe to be an idiot succeeding, it usually means they're really good at the game and you don't even understand what the game is.

Re: A lot of “idiotic” things have reasonable explanations (2011)

#5

Post by eximius » Wed, May 27, 2020, 6:57 AM UTC

Risk aversion and capital?

Re: A lot of “idiotic” things have reasonable explanations (2011)

#6

Post by jojobas » Wed, May 27, 2020, 6:58 AM UTC

Should be: > If idiots call everyone else idiots, how come their are not rich?

Re: A lot of “idiotic” things have reasonable explanations (2011)

#7

Post by klaaz0r » Wed, May 27, 2020, 6:59 AM UTC

LolWolf wrote: post #3

oh_sigh wrote: post #2

(2011) is important context here.

Very. I read the article and was very confused for quite a while until I realized this.

Yes, maybe the title can include the date.

Re: A lot of “idiotic” things have reasonable explanations (2011)

#8

Post by bravoetch » Wed, May 27, 2020, 6:59 AM UTC

To answer the question posed in the title (and yes, I read the fluffy article) - luck decides who gets rich.

Re: A lot of “idiotic” things have reasonable explanations (2011)

#9

Post by aeternum » Wed, May 27, 2020, 7:01 AM UTC

Great ideas can still have poor execution. It seems to me that major the flaws in the Netflix execution of the Qwikster spinoff was the source of much of the criticism. Most people lump the idea and execution together.

Re: A lot of “idiotic” things have reasonable explanations (2011)

#10

Post by bno1 » Wed, May 27, 2020, 7:01 AM UTC

>When internet commentators see odd behavior that they don't understand, why do they assume that the most parsimonious explanation is that management must be a bunch of drooling morons?

I don't think most internet commentators have the patience or even the interest of painting an accurate picture. Most of them are shitposting.