Favorite line:

Comment:  Like so many books I share, this was recommended to me by a reader in response to a blog post about time.  Friedman has a string of best sellers including “The World Is Flat” and has become known as (what he calls) an “explanatory journalist; a translator from English to English”.  Here he takes complex issues such as technology and climate change and does two things that were helpful to me: 

I asked the business owner who was lamenting the challenges of being an entrepreneur, "Who decides what you do in a day?".  He answered, "me, of course". 

Thanks to friend, Ron DeMattia, for passing this great interview onto me, on to you. Peace.

Readers of last month’s blog about Daniel Kahneman’s work in decision making suggested I read this book and Michael Lewis latest, “The Undoing Project”, which is about DK’s work. I trust Lewis’ will be more readable as Superforecasting is well, but academically written. It’s still worth the slog if only due to two great findings from many years of research through what Tetlock titled the “Good Judgment Project”. First, and foremost in my view, is that teams of forecasters are more dependable than one so-called genius. And secondly, that the traits of good leaders conflict with the traits of good forecasters. That’s quite reassuring to me since my most enduring thought of leadership is collecting strength from diversity rather than gaining consensus for one’s own brilliance.

"If you don't know where you are going, you'll end up someplace else."

Raising Canes of Ohio (our partnerships restaurant company) is approaching 1,000 employees. At that size, I find it cool that our son, Timmy, its founder still does many exit and stay interviews with its crew members and managers.

"In the book we describe the “bifurcated world” that most people inhabit, in which they assume that the only way to solve social challenges is through government and charity and that the only purpose of business and investing is to make money. Impact investors reject that worldview. We recognize that for-profit investment can be both a morally legitimate and economically effective way to address social and environmental challenges."