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My guest today is Kathleen Eisenhardt, the Stanford W. Ascherman M.D. Professor and a faculty member in the Stanford Technology Ventures Program. Professor Eisenhardt is also author of over 100 articles in research and business journals, and the first author featured in Harvard Business Review’s OnPoint collection. She has been a Distinguished Visiting Professor with Insead’s Entrepreneurship and Family Enterprise area.
The topic is her book Simple Rules: How to Thrive in a Complex World.
In this episode of Trend Following Radio we discuss:
- Bottleneck concept
- Complexity is not always best
- Tax code for political gain
- Simplifying government
- Improving your probabilities with rules
- The Federal Reserve
“There are two kinds of complicators. One are people who are risk adverse. They just want to lock everything down so there is no problem. If they plan for every contingency then they have it covered. The problem is that you can’t predict contingencies.” – Kathleen Eisenhardt
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