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Talent Returns to the Market in a New Equilibrium of Risk and Reward


๐Ÿงต The TL;DR

Talent has returned to the market in a new risk/reward equilibrium. This shift has implications for the state that was built in mid-century, as the pilots are leaving and few institutionalists understand math. Money alone is not the solution; creativity and control are also important.


    ๐Ÿ”‘ Key Points

  • The 1800s saw the rise of talented individuals becoming captains of industry.
  • The 1950s saw technology favoring a giant centralized state and talent flocking to institutions due to difficulty of entrepreneurship.
  • In the 1990s talent began to leave institutions and return to the market, resulting in a new risk/reward equilibrium.

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