1. Consultants as a convenient scapegoat
“A consultant is someone who borrows your watch, tells you the time, and keeps the watch.” – pjsg
2. Iceland’s raw, self‑reflective “Dark Ages” story
“The entire section of the website about ‘The Dark Ages’ is priceless.” – hadrien01
3. Private vision vs. institutional conformity
“If a public co CEO acts differently than others and then underperforms the market, shareholders then look at idiosyncrasy as a bad thing. So they naturally all start to act like each other. Buffett had a similar idea he termed the institutional imperative.” – jbs789