Strong Opinions, Loosely Held

Clients pay for conviction, and professionals must stay ready to change their minds.

Good Decisions Beat Good Outcomes

Judging decisions solely by outcomes ignores luck, and good process matters more over time.

What Poker Teaches About Business

Poker offers surprisingly durable lessons about negotiation, risk management, and reading other people.

What Orkut Teaches About Sunk Costs

A once-dominant social network's fall illustrates why sunk costs should never guide decisions.

Timeless Lessons From a Legendary Investor

A legendary investor's career offers lessons on patience, simplicity, and staying within one's expertise.