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This case is a perfect example of the problem outlined by Darrell Huff in his classic book, How to Lie With Statistics.
FORBES: How to Lie With Statistics, Women and Child Care Edition
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In his classic book, The Intelligent Investor, Benjamin Graham, proposed that risk averse investors seek a margin of safety, or leave room for error, to protect themselves from both poor decisions and market downturns.
FORBES: How to Steal a Lot of Money: Part I in a Series
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In his now classic book Execution, The Discipline of Getting Things Done, Ram Charan points out that decisions made in the absence of candid, robust dialogue consistently run into dead ends, and he outlines a program for ensuring that talk is followed up by action.
FORBES: How to Deliver Results That Others Never Could