3min snip

Invest Like the Best with Patrick O'Shaughnessy cover image

Kenneth Stanley - Greatness Without Goals - [Invest Like the Best, EP.283]

Invest Like the Best with Patrick O'Shaughnessy

NOTE

The Flaws of Objectives and the Myth of the Objective

Progress-oriented societies often rely on objectives to achieve goals, but this approach may be fundamentally flawed./nNot all objectives are problematic; some practical and achievable objectives can be reasonably pursued./nThe myth of the objective applies to ambitious and uncertain goals, especially those related to innovation and discovery./nSetting an objective can paradoxically hinder progress towards it, particularly when the stepping stones are unknown or mysterious./nMany major inventions were not developed with the specific objective in mind; they often combine various elements or stepping stones.

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