5-1b1 Invest in preparedness. Be redundant and resourceful in every aspect. Minimize opportunity cost to achieve great things.

Next:

• 5-1b1.1 Redundancy over premature optimization—especially against Black Swans
• 5-1b1a Technology itself should be the kind that begets and benefits from volatility
• 5-1b2 Don’t invest in prediction, because knowledge is inherently unpredictable

Related:

• 9-2a3a Pick up the biggest upside potential

• 9-2a3b Don’t pick up anything which has certain downside. Avoid bullshit.

• QUE5 - What’s your company’s billion-dollar function

• RUL3 - Avoid premature optimization

• RUL3 - Bounded commitment - choose one best thing available, commit for predetermined time period, then revisit. Similar to balancing depth-first vs breadth-first in search algorithms. Think of your time as quantifiable resource like capital.

• 7-2b The more of a noob you are locally, the less of a noob you are globally

• 7-1d0 People who find ways to drive down the costs and simplify the product made the biggest difference (Ford)

• 13-8a2.1 Money is the present good par excellence