3min chapter

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#70 Mark Spitznagel: The Dao of Capital

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CHAPTER

The Roundabout Paradox

The roundabout paradox is that the process of becoming more circuitous takes a tremendous amount of time during which there is little to show for the sacrifice, but at the end results in significant time savings. Ford switched gears temporarily and became obsessed with timing the car making production process to see how he can make it faster. He now has an advantage that his competitors could never match. So what at once was rare and a novelty has kind of been, you know, 100 years later, kind of par for the course in the automobile industry,. But again, could be applied to any craft that you're doing.

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