See also, big businesses. You've got lots of data but not 100% of time.
You're playing a poker game where you can see your cards and past hands but you're playing it against the future. Sometimes you'll have a lot of confidence when your chips go into the middle; sometimes less.
You're playing a poker game where you can see your cards and past hands but you're playing it against the future. Sometimes you'll have a lot of confidence when your chips go into the middle; sometimes less.
Also while I yield to no one with my desire to do data driven rigorous decisions where possible there are tradeoffs against ability to move quickly and ability to move boldly, and there are a lot of margins where being bold biweekly beats being absolutely positively right yearly.
"Move fast and make decisions consistent with your values and the relative risks of the situation, potential upside, and whether it can be reversed easily if you turn out to have made a mistake" just doesn't have the same ring to it, though.
