How Elon Musk Builds Impossible Things

Description

Here’s the elegantly simple technique Musk uses to make mega projects doable. But first, imagine a scenario where a friend buys a dilapidated house, planning to renovate it. Initially, the builder’s estimate is N25 million , but about 20 months later, costs have soared to N120 million, and the work is still incomplete. This scenario exemplifies the typical occurrence in fat-tailed distributions, where extreme outcomes happen more frequently than expected...