Subject: Re: gross margins, R&D, S&M, G&A, and all that
From: Ian Lance Taylor <ian@airs.com>
Date: 07 Oct 2001 16:00:46 -0700

Tom Lord <lord@regexps.com> writes:

> More robust because the effort becomes focused on building then
> maintaining a potent set of degrees of freedom, rather than building a
> Rube Goldberg contraption.  Basis and span.  Strategy and tactics.

Conversely, if you focus too much on maintaining degrees of freedom,
then you are more likely to make the mistake of not taking the big
gamble for the big reward.  Sometimes you just have to bet on which
way things will go.  Of course you hedge your bet as much as you can,
but hedging enough to make the bet a safe one may mean that you can't
really make the bet at all.

Ian