Managing Risks Means Managing Arguments
Harvard Business Review
MAY 23, 2012
You want diverse, even opposing viewpoints. I once heard David Modest, a former partner in the infamous hedge fund Long-Term Capital Management, attribute the unraveling of LTCM to exactly this: a few very certain, very loud partners had been able to override the more tentatively stated doubts of the rest to steer the firm into oblivion.
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