Monday 12 August 2024

A bad system will beat a good person....

 A bad system will beat a good person every time.

W. Edwards Deming


if you completely ignore your goals and focused only on your system, would you still succeed? For example, if you were a basketball coach and you ignored your goal to win a championship and focused only on what your team does at practice each day, would you still get results? I  think you would.------- The only way to actually win is to get better each day. In the words of three-time Super Bowl winner Bill Walsh, " The score takes care of itself". The same is true for other areas of life. If you want better results, then forget about setting goals. Focus on your system instead.
 James Clear

I think a bad system is an exaggeration but a ok system beats the human almost every time. What is the human better at?   The big thing. When the markets / The stock market is normal the system/systematic  guys make money almost everyday, they have the fishing net , they know what to do and most of the time we are on this regimen. When something big like COVID comes along, the big whale , systemic problem , the tsunami the human eye can react fast and have an edge. Some macro guys are very good in crisis, on a day today a system , a method a set of rules beats the human 99% of the time.


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