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The most popular highlights from Ahead of the Curve: Two Years at Harvard Business School, saved by readers on Screvi.
I once heard a church sermon in which the priest said you could tell most of what you needed to know about a person from looking at their bank and credit card statements. How they prioritize their spending will tell you how they prioritize their life. So it was with companies.
It felt like one of those movies where a bunch of misfits, each gifted in his own way - one in explosives, another in disguise, another in forgery or karate- are thrown together to achieve a dangerous mission.
The first was the foundation of accounting: Assets=Liabilities + Equity. The second mantra was: Accounting=Economic truth + Measurement error + Bias.
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