Word: events
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...other big takeaways? A huge one is reversion to the mean [the tendency of an extreme event to be followed by a less extreme one]. Really high performance is a function of skill and luck. And luck, by definition, is transitory - it comes and goes. The next time you do something, even if you sustain your skill, maybe you'll have a little less luck, and you'll mean revert. When you apply that to the world, you see it everywhere - corporate performance, sports-team performance, individual performance. It gets you to think about how to evaluate outcomes. For example...
...appears to have finally found its stride, as the squad earned a pair of fifth-place finishes over the weekend, the Crimson’s best showings of its young fall campaign. While the women’s team took the weekend off from competition to sail an alumni event, the co-ed squad’s top sailors placed fifth at the Hood Trophy regatta hosted by Tufts University. Some less experienced team members also competed this past weekend and collected a fifth-place effort at the Central Series Three regatta at Boston University...
...Harvard co-ed team collected a fifth-place finish at the local two-day event, totaling 143 points on the weekend...
...prayer, a day of fasting,” said the first-year Divinity School student in an interview after the event. “All work is forbidden. We simply atone for our sins during the past year...
...thrown to the lions and put in prison because of ancient history - and as he was traveling to an event honoring him - is absolutely horrifying," French Culture Minister Frédéric Mitterrand said after Polanski was arrested upon arrival in Switzerland to attend the Zurich Film Festival, where he was to receive a lifetime achievement award. "There's an America we love and an America that scares us, and it's that latter America that has just shown us its face." In comments that appeared to be directed at Swiss and American authorities to free Polanski, Mitterrand added...