@Jack-Waugh I think you are talking about Bloc Score which would be easy to tabulate in excel. However, we want a system which gets a stable winner set. I do not know how to do any of the standard ones in excel in a simple way. I wonder what system Clay implemented. It might have been RRV.

@toby-pereira I totally agree with you here. And a point to supplement or maybe just reiterate your stance on “benevolent dictators,” there’s a definite survivorship bias there. The business dictators who fail don’t show up in the news, while the ones who succeed are often lauded as geniuses without due regard for the role of pure luck or factors totally unrelated to their supposed acumen. The same goes for stock market investors—many who come out on top end up believing they have a special intuition to “outsmart” the market, but when compared with randomly generated portfolios, their inclinations usually fare no better, and often do worse (due to their relative lack of diversity, they are not as robust against market volatility).

So basically, when uncertainty is involved, failure doesn’t always indicate a poor strategy, not any more than success indicates a good one. This reduces my confidence that business dictatorships actually tend to promote the success of a company.