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Procrustes Rules

In: Winning the Institutional Investing Race

Author

Listed:
  • Michael Bunn
  • Zack Campbell

Abstract

In the ancient Greek myths there was a blacksmith named Procrustes who had a magic bed; an iron bed that fit whoever slept in it. He let any traveler passing by try it out overnight and—would wonders never cease!—they all fit perfectly. Of course, it wasn't because of the bed. Rather, if the traveler was too short, Procrustes stretched him to the proper length, and if too long, lopped off the offending parts. This myth has come down to us today as a way to describe fitting a particular element into a predetermined shape or structure, adding where there is too little and discarding where there is too much.

Suggested Citation

  • Michael Bunn & Zack Campbell, 2015. "Procrustes Rules," Springer Books, in: Winning the Institutional Investing Race, chapter 0, pages 3-4, Springer.
    • Handle: RePEc:spr:sprchp:978-1-4842-0832-8_1
    DOI: 10.1007/978-1-4842-0832-8_1
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