29 December 2002 - a bigger mistake

Jay Scott : Daily Whale : archive : 2002 : 29 December 2002

The Avalanche of Failure

1. Mistakes are fine, as long as nobody finds out.
2. To cover up a small mistake, make a bigger one.
3. Limits are illusory.

clue:

Among those who think this way are the rogue traders we occasionally read about in the news, who lose incredible sums for their companies.