You're welcome. I'm an econ grad, and where I spent much of my career I saw people chasing goals. It's kindof like the scandal at Wells Fargo - you get exactly what you incentivize. In their case, they incentivized opening accounts. For some this became an end in itself, regardless of value creation for the company. People will focus exactly on what they need to do to reach goals - so be very careful how those goals are set. Warren Buffett and Charlie Munger probably have some good quotes about looking at incentives for management, and the importance of setting the proper incentives. (Buffett criticizes options as compensation because it does not necessarily align management compensation with shareholders).

Another thing I think is important is Talib's idea of fat tails, Black Swans. One of the first examples of this is the failure of Long Term Capital Management back in the 90s, a firm brought down by an event that should've "never" happened. The idea of non-normal distributions is important because it means extreme events are likely to occur more often than you think they will. Much of finance/economics has probably adjusted to this idea as it's well discussed now, but it's easy to downplay risk of rare events.

There's also alot of very interesting stuff in behavioral economics, about non-rational human behavior. I find this some of the most interesting work in the economics field. There's too much to go into here in a post, but check out Dan Ariely's work, and probably Kahneman's book Thinking Fast and Slow . Essential idea is our innate behaviors were evolutionarily honed in an environment very different than the one we live in today. One example is loss aversion - losing $100 feels much worse than winning $100 feels good. Or anchoring effect, where we are slow to update our priors. There's an effect where we value something more if we own it, than if we don't own it (I think that's why it's so hard to make trades in fantasy football). There are many. Marketer's utilize effects like these to sell things to us.