successes and failures
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 28, 2015 by Michael Mauboussin · across every show →
Everything said about successes and failures, oldest first
Apr 28, 2015 neutral
Mauboussin: Equating outcomes directly with decision quality is a big mistake
“The natural thing we all do then, of course, is after the fact, is say, successes should be equated with good decisions Decisions and failures equated with bad decisions, and that's a really big mistake in a lot of circumstances.”