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“The Prospect of Hanging Concentrates the Mind…” – Samuel Johnson

Avon Barksdale on Managing Risk, Part Two

Avon Barksdale, the drug kingpin from HBO’s “The Wire“, was a man of many precautions, because his life and his freedom depended on them. Managing his risks effectively kept him free and alive – and enabled him to build an empire that made him fabulously wealthy.

Do not ignore failure

Most of us can limit [...]

How They Do Things on the West Side of Baltimore

Avon Barksdale on Managing Risk, Part One

Jon Gnarr, the mayor of Rekjavik, Iceland, uses the HBO series The Wire as a political filter. If you haven’t seen all five seasons, he doesn’t want to work with you. Crazy as it sounds, he’s on to something.

The series has plenty to say about how cities are governed. Many [...]