From his Only the paranoid survive
I can’t help but wonder why leaders are so often hesitant to lead. Iguess it takes a lot of conviction and trusting your gut to get ahead of your peers, your staff and your employees while they are still squabbling about which path to take, and set an unhesitating, unequivocal course whose rightness or wrongness will not be known for years. Such a decision really tests the mettle of the leader. By contrast, it doesn’t take much self-confidence to downsize a company—after all, how can you go wrong by shuttering factories and laying people off if the benefits of such actions are going to show up in tomorrow’s bottom line and will be applauded by the financial community?
I was on the bus talking shop with a friend who works as a tech investor. We eventually reached our stop, got off and started walking away when the bus driver called to us. At first I thought we had left something on the bus when the driver clarified they wanted an "AI stock pick". We gave a recommendation and continued on our way.