Risk & Reward began when two friends in seemingly divergent industries realized that the world of finance and engineering had more in common than they previously thought.
The Insane World
History is an Ouroboros. A snake consuming its own tail, indefinitely.
Lessons are learned, unlearned, relearned. Mistakes are made, then they are made again, then they are made again.
I've heard it said that making the same mistake twice and expecting different results is the definition of insanity.
- Napoleon invaded Russia in the winter. He failed. Then Hitler invaded Russia in the winter. He failed.
- 850 years ago, we built the Leaning Tower of Pisa. 30 years ago, we built the 'Leaning' Millenium Tower. They share the same crucial engineering flaw.
- You got bored reading your last newsletter. Then you signed up for this one.
In any case, the only way to escape the Insane World is to learn, share knowledge, and pass it on - all in the hope that the next generation will do better.
Our goal with this project is to explore a variety of niche topics, opinions, and ideas in the intersecting realms of finance and engineering.
We want to examine how seemingly rational people, organizations, and societies go insane.
We want to explore how uncertainty and error inform decisions and impede progress.
Trial & Error.
Risk & Reward.
Sam Louwrens
Contributor
11/11/2024
