Tag Archives: Complexity

For Einstein, the five ascending levels of intellect were, ‘Smart, Intelligent, Brilliant, Genius, Simple’

Simplicity is a very powerful construct. Henry Thoreau recognized this when he said, “Our life is frittered away by detail . . . simplify, simplify.” Einstein also recognized the power of simplicity, and it was the key to his breakthroughs in physics. He noted that the five ascending levels of intellect were, “Smart, Intelligent, Brilliant, …

Risk is like complexity. You must reduce it at every turn, knowing more is inevitably headed your way in the future …

— Dan Feris Extreme Value 11/1/2013 Risk is like complexity. You must reduce it at every turn, knowing more is inevitably headed your way in the future. The more risk you introduce, the better you must be at predicting the future. By eliminating or at least minimizing known sources of risk (like balance sheet debt), …