[Smoking is] a dirty habit that should be banned from America by the Government, instead of moderate alcoholic drinking.
What important truth do very few people agree with you on?
Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, it’s a good investment. Investors then just hope that those cash flows - and thus the company’s value - don’t decrease faster than they anticipate.
Never invest in a tech CEO that wears a suit.
If you focus on near-term growth above all else, you miss the most important question you should be asking: will this business still be around a decade from now?
Distribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it's harder than it looks.
There's a wide range of sales ability: there are many gradations between novices, experts, and masters. There are even sales grandmasters. If you don't know any grandmasters, it's not because you haven't encountered them, but rather because their art is hidden in plain sight.
That's where Time magazine lives. . . way out there on the puzzled, masturbating edge, peering through the keyhole and selling what they see to the big wide world of chamber of commerce voyeurs who support the public prints.
Like a true artist, never be satisfied that your writing cannot be improved.
I knew how touring was for 10 years, but it's completely different now that things are popping off.
Perception is reality, but it may not be actuality, and you have got to be able to keep the difference between that.