- Tags:: #[[tweet|Tweet]], [[Career tips|Career tips]] - Link:: https://twitter.com/cgst/status/1359668906567163906?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1359668907343179778%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Froamresearch.com%2F%2Fapp%2Fdr___mario_second_brain - Highlights:: - > Once you think of ^^payoff as a stochastic process,^^ in which intrinsic skill is just one factor, then you start to understand what nudges the process in the right direction, and what doesn't make a difference. - > Things with convex payoffs: - Reputation that puts you on the radar of smart people - Strong network - Valuable information flow - Starting companies - Joining fast-growing companies early - Expertise in high-growth industries - Trying new things and cutting losses - Integrity - > Things with marginal payoff: - "Meeting" vs "exceeding" 2021 Q1 perf expectations - Getting a bonus - Jockeying for favorable peer reviews - Pleasing your peers, manager, execs - Mastering idiosyncratic bureaucracy and processes - Learning a new language, framework, stack, etc.