first_img 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr If you are like many of us at NAFCU, you likely have some thoughts on how you can do things better in 2016.With that in mind, here are some thoughts about the “future.”If you haven’t read it yet, please consider paging through The Black Swan, by Nassim Nicholas Taleb. Here’s the short and dirty overview. Humans are terrible at predicting the future. Massive changes overcome us, that no one saw coming. All you can do is be flexible, forward-thinking, and constantly scanning the horizon for signs of change.We often want big changes. But small changes can have an amazing impact on the future.  What does a 1% increase in loans look like, compounded year-after-year? Here’s what it looks like. Look at the graph below, and ask yourself this: What can we improve by one percent next year? continue reading »last_img