Shane Parrish: "It seems that throughout history we, as a people, forget that sources of trouble that are small can have huge implications.
We forget that leverage makes us fragile. Just when we think we’ve figured out the world and reduced it to an equation based on empirical evidence, it changes and lights a tinderbox."
One of Max Levchin's answers to 'What's your favourite business book you'd advise to young entrepreneurs?'
Raoul Pal recommended 'When Genius Failed' on Twitter.