Category: Concepts
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Antifragility
Nassim Nicholas Taleb’s antifragility describes systems that gain from stress, differentiating from mere resilience. This principle, applicable from biological to economic systems, underscores growth and adaptation amidst volatility and unpredictability.
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Estufagem Process
Originating from Portugal’s Madeira Islands, the Estufagem process uniquely ages Madeira wine through heat application. This method, encompassing traditional and modern techniques, bestows distinctive flavors and extends the wine’s shelf life, reflecting Madeira’s rich winemaking legacy and its prominent role in the global wine arena.
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Demystification
Demystification, rooted in Enlightenment values, involves clarifying obscure subjects through rational explanations. Applied across various fields, it emphasizes analytical approaches and factual evidence to enhance understanding and challenge established beliefs.
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Good Cop/Bad Cop
The ‘Good Cop/Bad Cop’ approach, initially a law enforcement strategy, involves two contrasting personas to strategically influence outcomes. Its adoption in various professional contexts underlines its psychological basis and the critical role of ethical consideration in its application.
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Time Horizon
Time Horizon, a concept spanning various fields, refers to the duration over which decisions and investments remain relevant. It plays a crucial role in strategic planning, influencing risk management and long-term goal setting across different cultural and societal contexts.