[slantyyz]

But those without experience tend to undervalue it.

Getting turfed from Apple was the best thing that happened to Steve Jobs. If you read the folklore, he was bit of an enfant terrible, and I'm of the view that the experience of running NeXT and Pixar gave him the insight to turn around Apple.

I'm not nearly convinced that Apple would be the same company it is today if Steve Jobs had not been forced out.

[mloc]

My emphasis was on the fact that even Steve Jobs was not trusted by the board of Apple because of lack of experience. Being turfed from Apple might have been the best thing that happened to him but I don't think it was the best thing that happened to Apple. The company almost died. So, again, without diminishing the value of experience, I think those who have some, tend to overvalue it.

[slantyyz]

And again, I'll say that it is also true that those who don't have any experience, tend to undervalue it.

Your statement and my statement are not mutually exclusive.

The same goes with education. Those who have one can overvalue it. Those who don't have one can undervalue it.

[dbrannan]

Agreed 100%.