As for many employees this is year-end evaluation period, a reminder:

This is the moment to make a motivated ask for whatever you might need (money, time, training, trust, better projects, a career move, etc.)

FAQs below

1/3
2/ Q: Even if my boss doesn’t ask?

Yes. Some are jerks, some are parsimonious, but many want to allocate limited resources such as promotions to those who are motivated enough to ask (tip: they often use willingness to ask as a proxy to “ability to get results”).

Ask.
3/ Q: How should I ask?

Make sure you cover:
– What you will do with it (yes, even if it’s personal)
– Why should your boss believe you (i.e., past examples of good things you did for the company)
4/ Q: My boss told me he doesn’t have the budget to give me a raise.

A: Let’s assume it’s true. You can always ask for something else. More days off, training, to work on better projects, to abandon having to support bad clients, etc.

There’s always something you can ask.

• • •

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More from @DellAnnaLuca

17 Dec
WHY IS ERGODICITY IMPORTANT? AN EXAMPLE

My cousin was born in a mountain village in the French Alps. Like many there, he learned to ski before reading.

I am a good skier, but I remember the humiliation when I was 14 and he was 6, seeing him surpass me, swift as a bullet.
2/ At a young age, he made it into the World Championships for his age bracket. Boy, he was fast.

His career came to an abrupt end a decade later, one injury at a time. First, he injured his ankle. Then, he broke his knee. A few more injuries later, he retired, too young.
3/ From him, I learned that the skiers that you see on TV, the fastest racers in the world, didn’t get there because they were the fastest.

They got there because they were the fastest of those who didn’t get injured into retirement.
Read 15 tweets
17 Dec
Why should companies care about laws if, when the way they conducted their core activity is found fraudulent, the fine is just 0.5% of their market cap?

(or ~8% of their revenues, annualized using Q2/20 as a basis)
8% of revenues is a fee, not a fine

(considering that it applies to the whole core business, not to just one transaction)
Read 5 tweets
17 Dec
A NON-BINARY VIEW OF ERGODICITY

From a mathematical point of view, a model describing an activity is either ergodic or isn't.

In real life, instead, it makes sense to describe ergodicity as a non-binary property.

Here is why.

Thread, 1/9
2/ Take two non-ergodic activities: crossing the street and skydiving.

For both, the outcome of performing them an infinite number of times is death.

However, it is intuitive to most that crossing the street is on a different risk category.

How to express this mathematically?
3/ People don't care about infinite time frames. They have limited life expectancy.

They do not care about the question, "does crossing the street have a chance to kill me?"

They care about, "does crossing the street have a meaningful chance to kill me within my lifetime?"
Read 9 tweets
17 Dec
Interesting!

During ⚡️ usage peaks, "the folks running the electricity grid would rather pay people to use less electricity rather than pay a power plant to turn on."

So this startup pays households to shut down their appliances during peak usage.

ohmconnect.com/how-it-works/w…
Example without the startup:

1) There's an electricity demand surge (too many people use ⚡️ at the same time)

2) The "normal power generation" is not enough.
The electricity company has to spend money to power a second generator (that pollutes more, btw)

3) That's expensive!
Example with the startup:

1) The grid sees high ⚡️ demand

2) The startup messages its users, asking them to shut down their appliances

3) The startup pays them, less than it would have costed to the power plant, and pockets the difference. Everyone wins.
Read 5 tweets
15 Dec
NEVER CONFUSE THE NECESSARY FOR THE SUFFICIENT
(thread)

1/ A common situation:

– We have a goal

– We do something necessary to achieve it

– We believe it is sufficient

– We fail

– Because we believed what we did was sufficient, we are frustrated

– We learn the wrong lesson
2/ For example:

– We want to date an attractive girl

– We invite her to dinner

– We fail to communicate the right vibes

– We are frustrated when she doesn't reciprocate

– We learn the wrong lesson, such as "we can't be attractive" or "she's pretentious"
3/ As another example:

– We want a promotion

– We work long & hard

– We fail to show initiative

– We are frustrated when we don't get promoted

– We learn the wrong lesson, such as "my boss is an idiot" or "hard work doesn't pay" (instead of "hard work *alone* doesn't pay")
Read 7 tweets
15 Dec
I tend to agree. Not a spiritual religion, of course, but faith.

Faith in the fact that "we do things the way we do here" for a reason – even when it's uncomfortable in the short term, because it's worth it in the long-term.

(example in the next tweet)

1/2
2/ Example: we value ethics so much that we punish everyone who breaks ethical rules,

*even if he's a star performer*, because we know that even though risking of upsetting him would be a setback, it's worth it in the long run. The alternative is degeneration.
3/ To clarify: what I mean here is not that any country that does as Sweden did would end up badly.

I’m saying that both the Swedish outcome and the Italian one are possible, and one should consider both possibilities and act accordingly, rather than choosing to ignore either.
Read 4 tweets

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