Two things at once

When running, I am prone to making the opposite mistakes of either missing a beautiful view because I’m so focused on not tripping up, or twisting my ankle because I am staring into the distance.

This difficulty holds true beyond my gentle jogs, to anyone trying to do two things at once. Individuals and families preparing for the future, while trying to enjoy the present. Businesses contemplating their quarterly growth targets alongside their future business sustainability. Governments trying to address long-term policy goals while they handle the latest crisis, or balance loss of life against economic damage.

Three paths present themselves:

  • To do both separately at once (alluring, but can be very hard to do)
  • To do one, and then the other (often what practically happens, but less often as a stated choice)
  • To find the common thread between both objectives, so both can be pursued by one course of action (not always possible, but the most blessed of the three)

Different horses for different courses, with the winner often only obvious in retrospect. These days I try to pause occasionally, while running, to take in the view.

This does my Strava statistics no favours, of course – in real life there are almost always more than two objectives… This post was inspired by my new ankle supports & Dan Wang’s excellent 2020 letter, which covered China’s long-term goals and their handling of Covid-19.

Trouser legs

About a year ago, I thought about making some predictions for the year ahead, though I never got round to writing much down. That is just as well, as 2020 took a turn that I certainly would not have predicted – it has been a very unusual year.

Hindsight makes it all feel inevitable, and perhaps a pandemic was, at some point. But this precise pandemic was not, with its bats and its wet-markets, and its Italian outbreak, and its lockdowns. “So does history occur: in myriad, often unconsidered, minor decisions.” This is a very particular trouser leg of time.

I’m not sure how useful it is to focus on this specific butterfly effect, when countless viruses are transferred between species without causing worldwide pandemonium. Except as a reminder that in a world of billions, one in a million chances are actually reasonable odds. We have always lived in an exceptional world; perhaps, in 2021, we shouldn’t be so surprised.

Wash your hands

COVID-19 is the headline right now, and justifiably so. The full range of predictions is on offer, so your confirmation bias will find what it needs on the internet. But Howard Marks said it already:

Nobody knows.

Exceeding hospital capacity is a key tipping point if things do go south:

Credit: Trent McConaghy

Pascal’s wager would suggest that caution is a pretty good option here, whatever you believe.

This feels like a very collective moment – as around the globalised hyper-connected world, we contemplate this new threat together, in real-time. I am certainly aware of my humanity.

Wash your hands.