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by curiously 4118 days ago
This reminds me of Warren Buffet's approach to investing. It's better to be approximately right than precisely wrong. I fear that all we are doing with data is figuring out a precise way to fail instead of focusing on being right.

"But fail often and fast" the cliche goes, but what about the opposite, it should be true by simple negation of logic right?

"Win seldomly and slow", then suddenly collecting data on every useless piece of data becomes futile. You are not focused on winning and without the burden of speed and pressure to screw things up. You are absolutely calm and able to think things through.

1 comments

Business may proceed as usual: fearful managers might use data to make their jobs more secure, savvy managers might use data to move fast and break things.