AKA Simplex Method

in operations research there’s a method developed by a guy named George Dantzig called the Simplex Method. And essentially the idea is that if you’re really trying to find the optimal answer to a multi-variant problem where there’s lots and lots of variables, even the biggest computers couldn’t basically do a giant spreadsheet and sort. There are just too many permutations. And what he showed was under certain conditions, all you have to do is find the local optimum — what’s the best next step? from Jim Collins on Tim Ferriss Show #361