“Confusion between explanation and prediction afflicts almost the entire discipline of strategy… Strategists’ theories are 100% accurate in hindsight. Case study after case study shows that XYZ Corporation, for example, succeeded because it had established a sustainable competitive advantage (or did whatever it is that the strategist insists is the right thing to do)…Yet, when casting their theories into the future, the strategists as a group perform abysmally.”

– Matthew Stewart

“It has often been said that a person does not really understand something until after teaching it to someone else. Actually, a person does not really understand something until after teaching it to a computer, i.e., expressing it as an algorithm. An attempt to formalize things as algorithms leads to a much deeper understanding than if we simply try to comprehend things in the traditional way.”

– Donald Knuth