THE FIRM’S ARCHIVESLESSONS PAID FOR BY SOMEBODY ELSE
THE GRAVEYARDPast performance.
Past performance.
Permanently past.
Post-mortems of unfortunate departures. What happened, what mattered, and what the scanner would have flagged.
THREE FICTIONAL EXAMPLES
These coins and events are invented to illustrate risk patterns. They are not allegations about real projects.
01EXAMPLE
THE LIQUIDITY DISAPPEARING ACT
An aristocrat exits through the servants’ door.
The team spoke fondly of generational wealth. They neglected to mention whose generation.
WOULD HAVE SCORED91/100FLUSH IT
02EXAMPLE
THE SUPPLY EXPANSION
An unlimited printing press, with excellent stationery.
A fixed supply was announced. Unfortunately, the announcement was the only thing that was fixed.
WOULD HAVE SCORED84/100FLUSH IT
03EXAMPLE
THE FROZEN EXIT
A most inconvenient inability to leave.
Clients were invited to hold for the long term. The contract made this invitation rather compulsory.
WOULD HAVE SCORED96/100FLUSH IT