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ou need to let people know that small mistakes are ok. There’s something called “fail fast” in California. That’s why you have the high-tech culture — you know how to fail. You cannot make an omelet without breaking eggs — if you try to, you’re cheating somewhere and one day it’s going to blow up in your face. So, it’s the same thing everywhere — lose some money. The good thing about the Japanese culture if you describe things in the right frame then they accept it. If you have to reformulate the way you express your profits and losses — just say “it’s ok, I made a mistake, but it’s part of the process,” taking into account a bucket of mistakes, people accept it once you frame it that way. But you cannot operate with people ashamed of making small losses.I have two kinds of payoffs — some where you make small profits all the time and once in a while have huge blow ups, and that’s Fukushima, where it looks like it’s working fine, but you’re pushing the risks to the rear. And then another strategy where you have swings and volatility, but you don’t have large blow ups. Mother Nature has volatility. To give you an example where this happens, US policy in the Middle East, Saudi Arabia, they stabilize regimes, we don’t want volatility — it’s causing risks to accumulate under the radar. I say Lebanon has a very volatile political system but no more problems because everything is in the open. In Italy, where they’ve had 60 governments since World War 1, the country is stable in spite of that volatility. Some things are more stable because they ARE volatile.