How long until the tech investors realize that winners rarely take it all? Winner takes all, Go big or go home, Move fast and break things, etc. doesn’t apply to 99.999% of startup opportunities. Memes like these harm more than they hurt. They don’t help fund great startups. They don’t help put capital to efficient use building financially sustainable companies. While tech...
The backstory of Warren Buffett’s career and the creation of Berkshire Hathaway is a lot more fascinating and interesting than I thought possible. Last we left this story, Buffett had retired in 1969 but was still not yet working full-time with Charlie Munger at his side by 1974. Roger Lowentein’s biography Buffett: The Making of an American Capitalist, isn’t told chronologically...
“Poverty First” on the Africa Eats blog explains why poverty needs to be addressed before other important impacts. The end of that post includes a link to Dollar Street, a great project on the Gapminder website, created by the late Hans Rosling of TED talk fame and Factfulness book. On Dollar Street you can see pictures and videos of families living on $1/day, $2/day, $3/day and...
Every year or so I find myself lost on a hike through the Forest of All Knowledge, and, so far, have enjoyed those journeys quite a bit more than one my the best YouTubers, CPG Grey. If you’ve never seen his videos, start with Rules for Rulers and Airport Codes and the State Flags. If you want to understand the Forest of All Knowledge and the wayfinding needed to reach the other side, watch...
