Quote:
Originally Posted by Josem
(Parkinson's) Law of Triviality
I see this time and time again in many different environments: people comment on things that they know (at least) a little bit about, rather than things that are important. Thus, conversations are derailed to issues that lots of people know a little bit about, rather than on things that are important.
There were a couple of books like this I got from my old professor when he was retiring and cleaning out his desk.
One was that, Parkinson's Law. The basic example is that people will argue for hours over the price of a paperclip but not on multi-million dollar pieces of equipment.
I try to take that into my life. Spend more time haggling over the price of a car or a house, and not worry about the price of a box of cereal. Saving 1% on the price of a car is much more worth your time than clipping a 30 cent coupon for a box of cereal.
The other book which is eye opening, both for poker and for your career, is The Peter Principle.
Quote:
people in a hierarchy tend to rise to "a level of respective incompetence": employees are promoted based on their success in previous jobs until they reach a level at which they are no longer competent, as skills in one job do not necessarily translate to another.
Eventually you reach your level of incompetence, and can't do your job well. At poker this applies to moving up stakes, and has ruined many a career due to ego and not willing to play one level lower where you can easily win.