Remove conventional-wisdom
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Know When To Declare Defeat And Toss Out A Bad Idea – Do Not Be Afraid To Say, “That Baby Be Ugly!”

InfoChachkie

In the early 1960s, conventional wisdom in the music industry did not lend itself to a systematic manner of evaluating creative content. A Mac-compatible version of GoToMyPC was not released until 2010. Record companies evaluated songs based upon a variety of informal means, such as the Old Gray Whistle Test.

Ideas 187
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US Economic Risks (Sept 2010): Impact on Investors & Entrepreneurs

Both Sides of the Table

One year ago I predicted that in 2010/11 the economy, far from being on the path of permanent recovery was on a temporary resurgence and there was a strong possibility of a “double dip” recession. The housing market is not recovered : Sales in existing homes in the US fell 27.2% between June and July 2010 (and 25% from a year ago).